Today’s National Statistics Office data show that the annual rate of inflation in July as measured by the Harmonised Index of Consumer Prices remained at a constant rate of 2.5%.

The NSO noted that the highest annual inflation rates in July were recorded in education (5.2%) and transport (4.6%).

The lowest annual inflation rates were registered in communication (-3.1%) and clothing and footwear (-0.3%).

The largest upward contribution to the overall annual inflation was measured in the food and non-alcoholic beverages index (+0.64 percentage points) largely due to higher prices of meat.

The NSO said that the largest downward contribution was recorded in the communication index (-0.11 percentage points) mainly reflecting the lower prices of mobile phone equipment.

The 12-month moving average rate for July stood at 2.3%.

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