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Annual inflation rate up to 2.8 pct in July

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The annual inflation rate rose to 2.8% in July this year from 2.6% in June, given that food prices rose by 5.57%, service prices advanced 3% and non-food prices picked up 0.88%, according to data published on Wednesday by the of Statistics (INS).

"Consumer prices increased by 2.8% in July 2020 compared to July 2019. The annual rate calculated on the basis of the harmonized index of consumer prices (HICP) is 2.5%. The average rate of consumer prices in the last 12 months (August 2019 - July 2020) compared to the previous 12 months (August 2018 - July 2019), calculated

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