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Consumer prices in July: Annual inflation up to 1.9%
02-08-2017 | STATEC


In July 2017, the consumer price index is dropping by 0.7% compared to previous month. Like every year, this drop is explained by price reductions offered during the summer sales. In addition, oil prices are on downward trend. By neutralizing the variations due to summer sales and excluding oil products, prices of other goods and services rose by 0.3%. The annual inflation rate is increasing to reach 1.9%.