In June, the Harmonised Index of Consumer Prices went down to 113.63 from 113.72 in May 2010.

In June 2010, the Harmonised Index of Consumer Prices went down by 0.1 per cent over the previous month. This primarily reflected a decrease of 1.9 per cent in the Clothing and Footwear Index due to a seasonal drop in the price of garments. The Recreation and Culture Index saw a downward shift of 1.2 per cent, mainly due to lower fees for television services. Cheaper prices in respect of fruit caused the Food and Non-alcoholic beverages Index to go down by 0.3 per cent. The Furniture, Household Equipment and Routine Maintenance of the House Index dropped by 0.1 per cent, mainly on account of lower-priced major household appliances. Cheaper motor cars underlay a similar drop in the Transport Index.

The Restaurants and Hotels Index rose by 1.0 per cent due to higher prices for accommodation services. Upward shifts in the price of some jewellery items caused the Miscellaneous Goods and Services Index to go up by 0.4 per cent. The Health Index went up by 0.2 per cent, mainly on account of higher fees for medical and paramedical services.

Inflation Rate

In June, the twelve-month moving average rate of inflation stood at 0.7 per cent, whereas the annual rate of inflation stood at 1.8 per cent.

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