National Statistics Office data released today show that the annual rate of inflation in August as measured by the Harmonised Index of Consumer Prices went up to 2.7% from 2.5% in July.
The NSO noted that the highest annual inflation rates in August were recorded in education (5.2%) and food and non-alcoholic beverages (4.0%).
The lowest annual inflation rates were registered in communication (-3.1%) and housing, water, electricity, gas and other fuels(0.7%).
The largest upward contribution to the overall annual inflation was measured in the restaurants and hotels index (+0.69 percentage points) largely due to higher prices of restaurant services.
The NSO said that the largest downward contribution was recorded in the communication index (-0.11 percentage points) mainly reflecting the lower prices of mobile phone equipment.
The 12-month moving average rate for August stood at 2.3%.
Photo: NSO