The inflation rate rose to 5.7% in June after stabilizing at 5% in the past two months, the National Institute of Statistics (INS) announced Monday.
This significant increase is due to the acceleration in the pace of price increases for food (7.2% compared to 6.0% in May), transport (3.4% compared to 1.5%) and the restaurant, cafe and hotel group (7.0% compared to 5.8%).
In fact, food prices went up by 7.2% in June driven by the increase in prices of edible oils by 16.5%, vegetables by 13%, the milk, cheese and &egg group by 8%, fish by 7.6% and meat by 6.4%.
As for manufactured goods and services, prices in this group grew 5.9% due to the increase in prices of pharmaceuticals by 10.1%, building materials by 11.1%, clothing products by 7.3% and routine household maintenance products by 6.3%.
For services, prices rose 4.3% year-over-year due to a 6.4% increase in health services prices and a 4.6% growth in rents.
Core inflation and regulated product inflation
The core inflation rate (excluding food and energy) rose to 5.4% after successive decreases since May 2020.
Free (non-regulated) product prices rose 5.8% (up from 5.4% in May). Administered prices, meanwhile, rose 5.2% (compared with 4.0% in May).
Free food products rose 7.2% compared with 7.4% for administered-price food products.