INS: Annual rate of inflation down to 3.9 pct in August, foodstuff prices up 5 pct
Publicat:The annual rate of inflation went down to 3.9 pct in August this year, from 4.1 pct in July, given that non-food item prices went up 2.98 pct, foodstuff prices increased 5.02 pct and the prices of services registered an advance of 4.23 pct, according to data published on Wednesday by the National Institute of Statistics (INS). "Consumption prices in August 2019 compared to August 2018 grew by 3.9 pct. The annual rate calculated on the basis of the harmonized index of consumer prices (HICP) is 4.1 pct. The average rate of consumption prices in the past 12 months (September 2018 - August 2019)…
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