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Inflation and consumer price indices in July 2023

Published at: 16.08.2023 - 11:00

In July 2023, the monthly inflation rate, measured by the Consumer Price Index (CPI), was 0.9% compared to the previous month, and the annual inflation rate in July 2023 compared to July 2022 was 8.5%.

In July 2023, compared to the previous month, the highest increase was recorded in the prices for Recreation and culture (+7.5%), Restaurants and hotels (+2.9%), Housing, water, electricity, gas and other fuels (+1.8%) and Health (+0.7%). The decrease was registered for Clothing and footwear (-1.4%) and Miscellaneous goods and services (-0.1%).

In July 2023, the monthly inflation rate, measured by the Harmonised Index of Consumer Prices (HICP), was 1.2% compared to the previous month, and the annual inflation rate in July 2023 compared to July 2022 was 7.8%.