The inflation rate reached 6.7% in August 2019, against 6.5% the previous month, the National Institute of Statistics (INS) announced Wednesday, September 4, 2019.
This increase is mainly due to the rise in tobacco prices.
Rising food inflation
Food prices increased by 7.4% over one year in 2019, (6.5% in July 2019). This increase is explained by the rise in vegetable prices by + 12.5%, cheese and eggs by + 9.5%, fruits by + 7.8% and drinks and juices by + 7.6%.
Higher manufactured goods prices
Over one year, manufactured goods prices rose + 8.1% due to higher prices for household cleaning products by + 10.2% and prices for construction materials by 10.0%. <
Core inflation and inflation of administered products
The core inflation rate (excluding food and energy) is 6.7% compared to 6.5% in July 2019. Free (non-administered) goods prices posted growth of + 7.3% against + 4.7% for products with administered prices.