This is the lowest index in 2024, after three consecutive months of decline.
AAE | EITB media
He Consumer Price Index (CPI) has fallen again in August and is in the 2.2% in the interannual ratethe lowest in 2024.
The descent is duelargely, to lower fuel prices and, to a lesser extent, food and non-alcoholic beverages. All are down compared to the same month in 2023.
In this way accumulate three consecutive months of moderationafter reaching 3.6% in May (3.4% in June, 2.8% in July and 2.2% in August).
The year-on-year rate of core inflation (excluding unprocessed food and energy products) also fell, in this case to 2.7%.
The advance details for August must be confirmed by INE on September 12.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
