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Consumer prices in July: Annual inflation up from 0.7% to 0.9%
05-08-2020 | STATEC

In July 2020, the consumer price index, compiled by STATEC, fell by 0.5% compared to the previous month. As every year, this decline is explained by the price reductions offered during the summer sales. By neutralizing variations due to summer sales and excluding oil products, prices for other goods and services increased by 0.1%. The annual inflation rate is increasing to reach 0.9% in July.