Consumer Price Index July 2010

By Leonardo Da Silva
The following report presents the price statistics for July 2010

At the end of July 2010 the Consumer Price Index (CPI) increased by 0.1% compared to the end of June 2010. The sector which affected the CPI the most was "Recreation and culture" (0.9%), which led to an effect of 0.08 percentage points (ppts) on the ∆ CPI of July (0.1%).

Compared to July 2009 the CPI decreased by 0.1%. The largest percentage change is observed for the index of the "Clothing and footwear" sector (-6.7%). Specifically, prices of "Clothing" and "Footwear" decreased by respectively 7.1% and 3.1%. The decrease in prices of these categories caused a total effect of -0.44 ppts on the end of period inflation of July (-0.1%).

The period average inflation for the period July 2009 - July 2010 is 1.9%, which is 0.7 ppts higher compared to the period average inflation for the period July 2008 - July 2009 (1.2%).

Utilities (Water and Electricity) did not register price changes in July 2010. Gasoline and diesel prices decreased by respectively 0.5% and 1.1%, causing a total effect of -0.03 ppts on the ∆ CPI of July.
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