'Inflation up to 1.2% in June'

'Basket' 1.7% dearer

'Inflation up to 1.2% in June'

Rome, June 28 - Italy's annual inflation rate rose to 1.2% in June from 1.1% in May and April, Istat said Friday on the basis of preliminary estimates. Prices rose 0.3% between May and June, largely because of a surge in energy costs, the statistics agency said. The 'basket' of most-frequently bought goods showed a year-on-year rise of 1.7% compared to 1.5% in May.

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