The Statistics Department said on Wednesday that core inflation, which excludes most volatile items of fresh food, as well as administered prices of goods and services rose 2% in July 2016 compared to a year ago.
It said CPI for July rose 1.1% to 115.1 compared with 113.9 a year ago, which was slower than the 1.2% increase forecast.
Among the major groups which recorded increases were the index for food & non-alcoholic beverages, up 3.8% on-year (this group has a weightage of 30.2 in the CPI) and alcoholic beverages and tobacco, which rose by 19.9%.
As for food, it said the increase was due to four food sub-groups index for meat (+7.0%); vegetables (+6.3%); fish & seafood (+6%) and fruits (+4.5%). However, the index for non-food fell 0.2%.
On a monthly basis, CPI for July 2016 increased 0.3% to 115.1 from 114.8. Of the 12 major groups, nine recorded increases included transport; recreation services & culture; miscellaneous goods & services; food & non-alcoholic beverages.
CPI for January to July 2016 rose 2.4% as compared to the previous corresponding period. The increase was led by main groups with high expenditure percentages: food & non-alcoholic beverages (+4.3%) and housing, water, electricity, gas & other Fuels (+2.7%).
Core inflation, which excludes most volatile items of fresh food, as well as administered prices of goods and services rose 2% in July 2016 from a year ago.
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