The headline figure, however, concealed a bundle of sharply higher prices on food, cars and rent, and adds to a raft of crosscurrents facing central bank policymakers.

Italy's annual inflation rate has fallen to 1.7% this month, down from 1.9% in April, according to a preliminary estimate ...

Canada's annual inflation rate in April fell to 1.7% from 2.3% in March as overall energy prices plunged 12.7% after the removal of a federal consumer carbon tax, Statistics Canada said on Tuesday.