The underlying trend of inflation was flat compared with the previous month.
Energy and food drive the monthly rise
Energy prices rose 4.92% month-on-month, driven by fuel, solid fuel and LPG prices, which the central bank linked to global developments. Annual energy inflation stood at 51.37%, up 5.26 percentage points.
Food and non-alcoholic beverages rose 3.50% month-on-month, with annual food inflation at 27.73%. Unprocessed food prices climbed 6.04% in the month, boosted by fresh fruit and vegetables, including the effect of the shift from field to greenhouse production.
Services inflation slows
Services prices rose 0.99% month-on-month, and annual services inflation fell across all subgroups to 36.56%. Core goods prices rose 3.92% in the month, with annual core goods inflation at 16.70%.
The three-month average trend indicator was 1.8%. Producer prices rose 1.65% month-on-month, taking annual producer price inflation to 27.41%.
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