Annual consumer inflation for June was steady at 6,6%, with a monthly increase of 0,3%. Food and non-alcoholic beverages prices increased by a modest 0,1% between May and June\u00a0resulting in an unchanged\u00a08,8% annual rate.\u00a0 Specific food items which continue to exert upward pressure on inflation are white bread (monthly increase of 1,9%) and full cream milk (monthly increase of 2,5%).\u00a0Strong price decreases were recorded in fruit and vegetables (-4,6% and -1,8% respectively).<\/p>\n
The main upward drivers of the monthly change in the CPI were the quarterly surveys of housing rents and domestic worker wages.\u00a0 Owners\u2019 equivalent rent with a weight of 11,4% increase by 1,3% from March with an annual increase of 5%.\u00a0 Domestic worker wages has an annual increase of\u00a05,7%.<\/p>\n
The petrol price decreased by 22c\/l (1,6%) in June, the second consecutive decrease.\u00a0 The annual inflation rate for this item is still high at 13,3%.<\/p>\n
Download publication here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Annual consumer inflation for June was steady at 6,6%, with a monthly increase of 0,3%. Food and non-alcoholic beverages prices increased by a modest 0,1% between May and June\u00a0resulting in an unchanged\u00a08,8% annual rate.\u00a0 Specific food items which continue to exert upward pressure on inflation are white bread (monthly increase of 1,9%) and full cream read more »<\/a><\/p>\n