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Annual average inflation at 4.8% until July 2018


The annual consumer price trend was 4.8% until July 2018, learned the APS from the National Office of Statistics (ONS).

The evolution of annual consumer prices in July 2018 is the average annual inflation rate calculated taking into account 12 months from August 2017 to July 2018 compared to the period from August 2016 to July 2017

As for the monthly change in consumer prices, that is to say the evolution of the index of the month of July 2018 compared to that of June 2018, it is -1.9 %.

In terms of monthly variation and by product category, food commodity prices fell 4.5% in July compared to June 2018.

For example, the prices of fresh agricultural products are characterized by a fall of nearly 8.7%, as a result of the fall in prices of certain products in this category, especially fruits and vegetables (respectively – 38.8% and -12.5%).

On the other hand, a relatively large increase of 3.9% characterizes the prices of poultry.

As for the prices of industrial food products, they show a variation of +0.1%.

On the other hand, manufactured goods prices rose by 0.5%, while those of services recorded a rate of + 0.1%.

By group of goods and services, clothing-shoe prices are up 0.2% monthly.

Furniture and home furnishings, as well as transportation and communication, posted a slight increase of + 0.1%, while the Divers group recorded growth of 1.4%.

The rest of the groups were characterized by stagnation, according to the same source.

As a reminder, the 2018 Finance Act provides for inflation of 5.5%.

APS

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