National Statistics Office data today show that the annual rate of inflation in June as measured by the Harmonised Index of Consumer Prices went down to 2.5% from 2.7% in May.

The NSO noted that the highest annual inflation rates in June were recorded in education (5.2%) and food and non-alcoholic beverages (4.2%).

The lowest annual inflation rates were registered in communication (-3.6%) and clothing and footwear (0.0%).

The largest upward contribution to the overall annual inflation was measured in the restaurant and hotels index (+0.77 percentage points) largely due to higher prices of restaurant services.

The NSO said that the largest downward contribution was recorded in the communication index (-0.13 percentage points) mainly reflecting the lower prices of mobile phone equipment.

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