The inflation rate stood at 6.8% in June 2019, compared with 7.0% the previous month, announced the National Institute of Statistics (INS)
This drop is mainly explained by a slowing down in the rate of increase in food prices. The latter rose 6.0% as a result of higher egg prices of 17.9%, fresh vegetables by 11.5%, dairy products by 9.4% and meat by 6.1%.
As for transportation products and services, prices in this group increased 9.2% due to vehicle price increases by 8.1%, vehicle operating costs (sales spare parts and fuels) by 10.3% and transport services by 8.4%.
Core inflation and inflation of administered products
The core inflation rate (excluding food and energy) is up 7.0% from 6.7% in May and 6.8% in April 2019.
In addition, prices for free products (non-administered) went up by 7.3% compared to 5.1% for administered prices.
Free non-food products increased by 6.8% compared to 2.4% for administered food products.