National Statistical Institute: Monthly Inflation of Minus 0.5% in June 2017

National Statistical Institute: Monthly Inflation of Minus 0.5% in June 2017

The consumer price index in June 2017 compared to May 2017 was 99.5%, i.e. the monthly inflation was -0.5%. The inflation rate since the beginning of the year (June 2017 compared to December 2016) has been 0.7% and the annual inflation in June 2017 compared to June 2016 was 1.9%. The annual average inflation, measured by CPI, in the last 12 months (July 2016 - June 2017) compared to the previous 12 months (July 2015 - June 2016) was 0.8%, according to data of the National Statistical Institute (NSI).
The harmonized index of consumer prices in June 2017 compared to May 2017 was 99.8%, i.e. the monthly inflation was -0.2%. The inflation rate since the beginning of the year (June 2017 compared to December 2016) has been 0.3% and the annual inflation in June 2017 compared to June 2016 was 1.1%
The price index of a small basket in June 2017 compared to May 2017 was 99.4% and the overall increase since the beginning of the year (June 2017 compared to December 2016) has been 101.3% (Annex, Table 3).
 
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