According to preliminary estimates, goods prices are likely to fall 0.9 percent, compared to a 0.7 percent decline in July, as cost of energy is expected to decrease by 7.6 percent, compared to a 6.2 percent decline in the previous month. Meanwhile food cost is expected to rise at a faster 0.8 percent, following a 0.4 percent increase in July. By contrast, cost of services is expected to accelerate to 1.2 percent (from 1.1 percent in July); while prices of rents are expected to ease to 1.1 percent growth, down from 1.2 percent posted last month.
On a monthly basis, consumer prices are estimated to remain stable, from a 0.2 percent growth in July.
The harmonised consumer price index is expected to be up 0.1 percent in August over a year earlier. Compared with July 2015, it is expected to remain stable.