Geostat published a new report on inflation. According to the report, the annual inflation rate amounted to 4.8 percent in August 2020.
The annual inflation rate was mainly influenced by price changes for the following groups:
Food and non-alcoholic beverages: the prices in the group increased by 9.2 percent, contributing 2.88 percentage points to the overall annual inflation rate. Within the group the prices increased for the following subgroups: fruit and grapes (18.0 percent), coffee, tea and cocoa (14.9 percent), fish (13.5 percent), oils and fats (11.9 percent), milk, cheese and eggs (11.7 percent), mineral waters, soft drinks, fruit and vegetable juices (9.0 percent), bread and cereals (9.0 percent), meat (8.8 percent) and sugar, jam, honey, chocolate and confectionery (4.5 percent);
Alcoholic beverages and tobacco: the prices increased by 8.9 percent, with a relevant contribution of 0.6 percentage points to the overall annual inflation rate. The prices increased for both tobacco (13.4 percent) and alcoholic beverages (5.2 percent);
Furnishings, household equipment and routine maintenance of the house: the prices in the group went up by 9.7 percent, which resulted in a 0.58 percentage point contribution to the overall annual inflation rate. The prices increased for the following subgroups: household appliances (11.3 percent), glassware, tableware and household utensils (9.5 percent) and goods and services for routine household maintenance (9.1 percent).
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