The inflation rate went down to 5.8% in June from 6.3% in May, the National Institute of Statistics (INS) announced Monday.
This fall in inflation results from a slowdown in the rate of increase in food prices (+4.3% compared with +4.7% in May) and in transport products and services (+1.6% compared with +3.3%).
The institute also notes a deceleration in prices for clothing and footwear (+6.7% against +7.6%).
In June 2020, food prices rose by 4.3% year-on-year, compared to 4.7% in May 2020.
This increase is explained by the rise in prices of fruit by 11.7%, jams, honey, chocolate and confectionery by 7.5%, vegetables by 5.7%, fish by 5.6%, and meat by 4.6%. In addition, olive oil prices are down by 13.7% over one year.
On the other hand, prices of manufactured goods grew by 6.8% (compared to +7.5% in May) due to the increase in prices of clothing products by 7.2% and hygiene and personal care products by 9.2%.
Core inflation (excluding food and energy) eased to 7.2%, down from 7.6% last month.
Prices of free (non-administered) products therefore rose by 5.6%, against 6.4% for regulated prices, while free food products went up by 4.8% against 1.7% for administered food products.
