Higher costs in eating out reflected in the Retail Price Index

Email item Email item Print item Print item

Higher costs in eating out reflected in the Retail Price IndexThe annual rate of inflation in June as measured by the Retail Price Index (RPI) was 0.97% this was up slightly from 0.95% in May, the National Statistics Office said today.

It noted that the largest upward impact on annual inflation was measured in the Food Index, at 0.51 percentage points, this was mainly due to higher prices of restaurant services and the like – including take-aways, cafes, wines and furniture respectively.

While the largest downward impact was recorded in the Clothing and Footwear Index at 0.06 percentage points, reflecting lower prices for garments.

The NSO said that the twelve-month moving average rate was 1.07%

  • Permalink: Higher costs in eating out reflected in the Retail Price Index
  • You may also like...

    Leave a Reply

    Your email address will not be published. Required fields are marked *