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Inflation and Consumer Price Indices in July 2022

Published at: 16.08.2022 - 11:00

In July 2022, the monthly inflation rate, measured by the Consumer Price Index (CPI), was 1.1% compared to the previous month, and the annual inflation rate in July 2022 compared to July 2021 was 17.3%.

In July 2022 compared to June 2022, the highest price increase was registered for Recreation and culture (+7.4%), Housing, water, electricity, gas and other fuels (+5.2%) and Restaurants and hotels (+1.2%). The highest decrease was recorded in the prices for Clothing and footwear (-2.0%), Transport (-1.7%) and Food and non-alcoholic beverages (-0.1%).

In July 2022, the monthly inflation rate, measured by the Harmonised Index of Consumer Prices (HICP), was 0.8% compared to the previous month, and the annual inflation rate in July 2022 compared to July 2021 was 14.9%.