Inflation up to 12-year high

| Sat, 06/14/2008 - 03:00
Bread

Italian inflation hit a 12-year high of 3.6% in May, up from 3.3% in April.

The rate is the highest since August 1996, national statistics bureau Istat said.

Bread prices rose 13.3% and pasta 20.7%, making daily shopping 5.4% dearer than a year ago.

Fuel prices rose again with petrol up 11% and diesel 26% up.