Inflation has moderated

By: Trademagazin editor Date: 2021. 08. 10. 11:44

In July, consumer prices were on average 4.6 percent higher than a year before, and the prices of alcoholic beverages, tobacco and fuel have risen significantly in the past year, the Central Statistical Office (KSH) said on Tuesday.

Consumer prices rose an average of 0.5 percent in a month.

Annual inflation slowed from the previous month, with an average annual rise of 5.3 percent in June.

The seasonally unadjusted, original core inflation was 3.5 percent in July compared to the same month of the previous year, which does not include changes in the prices of alcoholic beverages and tobacco products according to the new methodology of the KSH. Core inflation also slowed from 3.8 percent in June. (MTI)