Cheaper clothing & footwear prices down June inflation rate
10 Jul '06
2 min read
Lower prices in the group clothing and footwear are the result of cheaper clothing (by 1.4 percent) and footwear (by 0.4 percent) as a result of first pre-season reductions in prices.
Lower prices of fuels pushed the inflation rate down by 0.2 of a percentage point, while food and non-alcoholic beverages, clothing and footwear, vehicles and communications each contributed 0.1 p.p. to the total decrease.
Fall in the annual price growth Lower prices in June resulted in the lower annual growth, which is again below 3 percent, i.e. at 2.9 percent. On the other hand, the 12-month average price growth has risen slightly to 2.5 percent.