0.7% deflation registered in August; consumer prices unchanged y-o-y
he latest data of the Central Statistical Bureau (CSB) shows that the the average level of consumer prices did not change in August of this year when compared to the same month of last year.
Prices of goods decreased by 1.2 percent, while prices of services grew by three percent during this time.
Compared to August 2015, in August 2016 the greatest pressure on the average level of consumer prices was applied by the increase in prices in recreation and culture, prices of alcoholic beverages and tobacco, health care, prices in communication group, and prices of food and non-alcoholic beverages, as well as by the drop in prices of goods and services related to transport, goods and services related to housing, and clothing and footwear.
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