June sees 1.5% inflation

Overall consumer prices rose 1.5% in June, year on year, higher than the 1.2% increase in May.

Netting out the effects of the Government’s one-off relief measures, underlying inflation was 1%, the same as in May.

Compared with June last year, price increases were seen in the following categories: alcoholic drinks and tobacco; meals out and takeaway food; miscellaneous services; transport; housing; miscellaneous goods; basic food; and electricity, gas and water.

On the other hand, year-on-year decreases were recorded for durable goods, and for clothing and footwear.

Date: 2024.07.22

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