Within the goods component, food cost dropped 0.2 percent in June, following a 0.4 percent rise in May; while prices of non-food products rose by 3.7 percent, faster than a 3.4 percent gain in the previous month. Also, services inflation went up to 4.1 percent in June from 4 percent in May.
Annual core inflation rate picked up to 2.3 percent in June from 2 percent in the previous period.
On a monthly basis, consumer prices increased by 0.5 percent in June, following a 0.4 percent advance in May and beating market expectations of 0.4 percent. Inflation rose for both food (0.4 percent vs -0.1 percent) and services (0.7 percent vs 0.4 percent), while non-food prices increased at a softer pace (0.4 percent vs 0.9 percent).