Economy
Inflation rate decreases by 0.3%
C.S.O. July 2024 inflation rate at 0.3%, down from June; food prices rise, while furnishings and transport decrease.
The inflation rate for July 2024 is 0.3%, down from 0.7% in June 2024. This is a decrease from 4.7% in July 2023. The Central Statistical Office (CSO) reported a 0.2% increase in the all-items index for July, reaching 123.9 points. Food and non-alcoholic beverages rose by 0.7%, with higher prices for items like chicken and eggs, though some prices, like pumpkin and tomatoes, fell. Various categories saw price increases, including alcoholic beverages and rent, while furnishings and transport saw decreases.
