The July CPI gain was fuelled mostly by high school entrance and graduation examinations along with the hot weather, the expenses of daily electricity use up by 1.32% and water by 0.22%.
Nine of the 11 key goods and service categories had their prices spike in July. The biggest pace at 0.25% was seen in the prices of apparel, hats and footwear.
The slowest rise - 0.1% - was in food and restaurant services, housing and building material category was 0.22%, beverage and tobacco at 0.18%, household equipment and utensils at 0.14% and transport at 0.16%.
Education prices remained nearly unchanged while those of the postal and telecommunications services declined 0.02%.
July’s core inflation – the CPI excluding fresh food, energy and State-controlled commodities like medical and educational services – hiked up 0.13% from last month and 2.04% from last year.
Nine of the 11 key goods and service categories had their prices spike in July. The biggest pace at 0.25% was seen in the prices of apparel, hats and footwear.
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Education prices remained nearly unchanged while those of the postal and telecommunications services declined 0.02%.
July’s core inflation – the CPI excluding fresh food, energy and State-controlled commodities like medical and educational services – hiked up 0.13% from last month and 2.04% from last year.
