The indicator for core inflation, excluding indirect tax effects, was 1.2% in June. The indicator for demand-sensitive inflation, which excludes processed foods from core inflation, was 2.0%, and the indicator for sticky price inflation, which includes items for which retail prices vary, on average, no more than 15% a month, was 2.3%.
The MNB said the indicatorsʼ levels “continue to show a moderate inflation environment”.
Headline inflation was up 0.6% year-on-year in June, the Central Statistics Office (KSH) said earlier on Wednesday, noting an acceleration from the 0.5% increase in May. Seasonally-adjusted core inflation was 1.2%.
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