Prices remain stable in June – annual inflation at + 1.1%



[ad_1]

(awp / sda) The CPI remained stable at 102.1 points in June 2018 compared with the previous month. In one year, inflation was + 1.1%, as announced Thursday the Federal Statistical Office (FSO)

Values ​​reported are therefore in line with expectations: The economists' forecasts for the monthly value were between -0.2% and + 0.1% and for the annual value between + 1.0% and + 1.2%.

Price stability over the previous month would have been offset by unfavorable developments in the various categories, the FSO continues. These would have outweighed the bottom line. For example, prices for package tours abroad, those for fruiting vegetables or even fuels have increased. On the other hand, there has been a fall in the prices of clothing and footwear as well as aviation.

The index of domestic goods also remained unchanged from the previous month, at 101.2 points. Year by year, it has increased by 0.4%. The price index of imported goods stagnated the previous month to 104.5 points. In annual comparison, import prices rose by 3.3%.

Excluding categories such as fresh and seasonal products, energy and fuel from the price calculation, there is a slight decline in underlying inflation. % to 101.0 points. Over the course of the year, core inflation is 0.5% higher.

[ad_2]
Source link