In July 2009, the Harmonised Index of Consumer Prices went down by 0.1 per cent over the previous month, down from 111.63 to 111.47. This primarily reflected a decline of 7.6 per cent in the Clothing and Footwear Index due to seasonal price decreases in garments.

The Food and Non-alcoholic beverages Index went down by 2.2 per cent mainly due to price decreases in fruit.

Lower prices of recreational and sporting services caused the Recreation and Culture Index to go down by 0.4 per cent.

The Alcoholic beverages and Tobacco Index went down by 0.1 per cent due to downward shifts in the price of spirits.

The Furniture, Household Equipment and Routine Maintenance of the House Index also registered a decrease of 0.1 per cent, mainly on account of lower prices of household textiles.

The Transport Index went up by 3.8 per cent, mainly due to higher prices of fuels.

Higher prices of accommodation services caused the Restaurants and Hotels Index to go up by 0.8 per cent.

The Housing, Water, Electricity, Gas and Other Fuels Index registered an increase of 0.6 per cent, mainly due to higher prices of services for the maintenance and repair of dwellings.

Upward shifts in the prices of certain jewellery items underlay an increase of 0.3 per cent in the Miscellaneous Goods and Services Index.

The Health Index went up by 0.2 per cent due to an increase in medical and paramedical fees.

In July, the twelve-month moving average rate of inflation stood at 3.9 per cent, whereas the annual rate of inflation stood at 0.8 per cent.

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