Topic: core inflation

CPI and core inflation were both within set limits in February and the first two months of the new year.

According to the General Statistics Office, the CPI in July increased 0.4 per cent compared to June while core inflation increased 0.58 per cent. The CPI increased 2.54 per cent year-on-year in the first seven months. Reasons behind the rising CPI so far this year include higher prices for essential consumer goods and gasoline.