Italy's producer price inflation quickened further in April amid soaring energy costs, the statistical office ISTAT showed on Thursday.
The producer price index climbed 6.8% year-over-year in April, faster than the 4.2% increase in March.
The upward trend was driven by 22.8% higher costs for energy. Prices for intermediate goods increased 2.8%, and those for capital goods rose by 1.3%. Data showed that costs for consumer goods moved up 0.9%.
Excluding energy, producer price inflation was only 1.7%.
On a monthly basis, producer prices increased 0.3%, slower than the 4.4% rebound in March.
