The indicator for core inflation, excluding indirect tax effects, was 1.5 % year-on-year in August, edging up from 1.4 % in July.
The indicator for demand-sensitive inflation, which excludes processed foods from core inflation, was 1.7%, up from 1.5% in July.
The indicator for sticky price inflation, which includes items for which retail prices vary, on average, no more than 15% a month, was 1.7%, up one-tenth of a percentage point compared to the previous month.
The underlying inflation indicators “rose slightly” from July but the levels “continue to indicate a moderate inflation environment”, the MNB noted.
Consumer prices also edged up by 0.2% year-on-year in August, accelerating from a 0.1% increase in July, according to data released by the Central Statistics Office (KSH) earlier today.