Inflation and Consumer Price Indices in July 2024

In July 2024, the monthly inflation rate, measured by the Consumer Price Index (CPI), was 0.8% compared to the previous month, and the annual inflation rate in July 2024 compared to July 2023 was 2.4%.

In July 2024, compared to the previous month, the highest increase was registered in the following groups: ‘Recreation and culture’ (+8.7%), ‘Restaurants and hotels’ (+3.9%), ‘Transport’ (+0.9%), ‘Health’ (+0.4%) and ‘Housing, water, electricity, gas and other fuels’ (+0.4%). Decrease in the prices was recorded in the groups: ‘Clothing and footwear’ (-3.0%) and ‘Communications’ (-0.6%).

The monthly inflation rate, measured by the Harmonised Index of Consumer Prices (HICP), was 1.2% and the annual inflation rate was 2.8%.