According to data from the National Statistics Office today, in June, the annual rate of inflation as measured by the Harmonised Index of Consumer Prices stood at 1.0 per cent, unchanged from May 2015.

On a monthly basis, the rate of 1.1 per cent was registered in June 2016, up from 1.0 per cent registered in May 2016.

The largest upward impacts on annual inflation were registered in the Restaurants and Hotels Index (0.53 percentage points), the Food and Non-alcoholic Beverages Index (0.32 percentage points) and the Furniture, Household Equipment and Routine Maintenance of the House Index (0.16 percentage points).

These were mainly due to higher prices of restaurant services (including cafeterias and the like), vegetables and appliances respectively.

The Recreation and Culture Index (0.28 percentage points), the Transport Index (0.20 percentage points) and Communication Index (0.06 percentage points) registered the largest downward impacts on annual inflation, mainly reflecting lower prices for package holidays, fuel and mobile phones respectively.

The twelve-month moving average rate was 1.2 per cent.

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