In June 2022, the inflation rate was 0.2%, while the annual inflation rate amounted to 12.8%

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In June 2022 the Consumer Price Index increased by 0.2 percent compared to the previous month, while the annual inflation rate amounted to 12.8 percent, reports National Statistics Office.

With regard to the annual core inflation, the prices increased by 5.8 percent, while the annual core inflation without tobacco amounted to 6.6 percent.

"The monthly inflation rate was mainly influenced by price changes for the following groups:

Restaurants and hotels: the prices for the group increased by 2.3 percent, contributing 0.1 percentage points to the overall monthly inflation rate. The prices were higher for accommodation services (5.5 percent) and for catering services (2.0 percent).

Food and non-alcoholic beverages: the prices for the group increased by 0.1 percent, contributing 0.08 percentage points to the overall monthly inflation rate. The prices increased for the following subgroups: fruit and grapes (2.2 percent), coffee, tea and cocoa (1.2 percent), bread and cereals (1.0 percent), oils and fats (0.9 percent). At the same time, prices decreased for the subgroup of vegetables (-4.2 percent);

Alcoholic beverages and tobacco: the prices increased by 0.7 percent, contributing 0.05 percentage points to the overall index. The prices increased for alcoholic beverages (1.4 percent);

Health: the prices for the group decreased by 0.4 percent, with the relevant contribution of -0.04 percentage points to the monthly inflation rate. Within the group, the prices were lower for medical products, appliances and equipment (-0.8 percent)," reads the Geostat report.

According to the Statistics Office, the annual inflation rate was mainly influenced by price changes for the following groups:

Food and non-alcoholic beverages: the prices in the group increased by 21.8 percent, contributing 6.86 percentage points to the overall annual inflation rate. Within the group the prices increased for the following subgroups: bread and cereals (35.0 percent), vegetables (33.4 percent), fruit and grapes (31.8 percent), mineral waters, soft drinks, fruit and vegetable juices (24.0 percent), milk, cheese and eggs (19.5 percent), coffee, tea and cocoa (18.0 percent), fish (17.9 percent), sugar, jam, honey, chocolate and confectionery (16.0 percent), oils and fats (14.9 percent), meat (11.3 percent);

Transport: the prices in the group increased by 19.4 percent, contributing 2.34 percentage points to the overall index. Within the group the prices increased for operation of personal transport equipment (23.6 percent), transport services (14.1 percent) and purchase of vehicles (6.2 percent);

Housing, water, electricity, gas and other fuels: the prices for the group posted a 13.0 percent increase, which contributed 1.31 percentage points to the annual inflation rate. The prices were higher for the following subgroups: actual rentals for housing (26.2 percent), maintenance and repair of the dwelling (12.7 percent) and electricity, gas and other fuels (6.0 percent).

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