CPI increases by 0,11% in July

The increase in CPI for July was mainly driven by the higher prices of food, including an increase in the price of pork following six-months of declining prices, and the price hike of vegetables due to the impact of rainstorms and floods.

Eight out of 11 groups of goods and services posted price increases, including housing and construction materials apparel, hats and footwear; beverages and cigarettes; education; household equipment and appliances; medicine and medical services; restaurants and catering services; and goods and other services.

Meanwhile, three out of the 11 groups of goods and services suffered price decreases, namely traffic; post and telecommunications; and culture, entertainment and tourism.