Annual inflation rate increases during June 2020

The latest statistics published by the National Statistics Office, NSO show that for the month of June 2020, the annual rate of inflation as measured by the Retail Price Index (RPI) was 0.72%.

This means the inflation rate went up from 0.66% as registered in the previous month.

The largest upward impact on annual inflation was measured in the food index, while the largest downward impact was recorded in the recreation and culture index.

According to the data published by NSO, the twelve-month moving average rate for June stood at 1.20%.

The largest downward impacts on annual inflation were registered in the recreation and culture index, the clothing and footwear index, the household equipment and household maintenance costs index, mainly reflecting lower prices of education expenses, garments and household appliances respectively.