Year-on-year, prices of food went up 1.2 percent in July (from +0.6 percent in June). Among food, prices rose for fresh food (+8.3 percent from +3.5 percent) and other food products (+0.1 percent from +0.2 percent). Cost also increased for services (+0.8 percent from +1.0 percent). In contrast, cost declined for energy (-3.3 percent from -3.1 percent) and manufactured products (-0.3 percent from -0.5 percent).
On a monthly basis, consumer prices are expected to rise 0.4 percent, following a 0.1 percent rise in the prior month.
The harmonised index of consumer prices are set to increase by 0.4 percent from a year earlier in June, following a 0.3 percent rise in the previous three months. On a monthly basis, consumer prices rose 0.4 percent, compared to 0.2 percent increase in the preceding month.