In August 2024 the Consumer Price Index decreased by 0.1 percent compared to the previous month, while the annual inflation rate amounted to 1.0 percent, the National Statistic Service (GeoStat) reported.

With regard to the annual core inflation, the prices increased by 0.9 percent, while the annual core inflation without tobacco also amounted to 0.9 percent.

The monthly inflation rate was mainly influenced by price changes for the following groups: Food and non-alcoholic beverages: the prices for the group increased by 0.5 percent, contributing 0.17 percentage points to the overall monthly inflation rate. The prices increased for the following subgroups: oils and fats (1.3 percent), meat (1.3 percent), coffee, tea and cocoa (1.3 percent), vegetables (1.2 percent), mineral waters, soft drinks, fruit and vegetable juices (0.9 percent), fish (0.8 percent), milk, cheese and eggs (0.1 percent). At the same time, prices
decreased for the subgroup of fruit and grapes (-2.1 percent) and sugar, jam, honey, chocolate and confectionery (-2.1 percent);

Clothing and footwear: the prices decreased by 1.9 percent, contributing -0.07 percentage points to the overall monthly inflation rate. The prices went down for both footwear (-3.7 percent) and clothing (-1.3 percent);

Communication: the prices decreased by 5.7 percent, contributing -0.2 percentage points to the overall monthly index.

Transport: the prices for the group increased by 7.4 percent, contributing 0.89 percentage points to the overall index. Within the group the prices increased for operation of personal transport equipment (9.7 percent), transport services (5.3 percent) and purchase of vehicles (1.5 percent);

Alcoholic beverages and tobacco: the prices increased by 4.5 percent, with the relevant contribution of 0.31 percentage points to the overall annual inflation rate. The prices increased for both alcoholic beverages (6.4 percent) and tobacco (2.2 percent);

Housing, water, electricity, gas and other fuels: the prices for the group decreased by 2.6 percent, contributing -0.21 percentage points to the overall index. The prices were lower for the subgroup of electricity, gas and other fuels (-5.2 percent);

Communication: the prices decreased by 12.7 percent, contributing -0.48 percentage points to the overall index.