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Inflation slows down but food prices continue to rise

INFLATION SLOWS DOWN BUT FOOD PRICES CONTINUE TO RISEThe National Statistics office have confirmed that inflation has declined for the fourth consecutive month, however prices of food and non-alcoholic beverages have risen by 21.5%.

The decline in inflation in February, to 8.2%, marks the fourth consecutive month of inflation slowing down, but, as the statistical office's quick estimate already indicates, food prices have risen again!

Unprocessed food products rose by 20.1% (18.5% in the previous month), thus reaching the highest rate since May 1990. On the other hand, energy prices continue to slow down, decreasing for the fourth consecutive month, to 1.9% (7.1% in the previous month).

Looking at the various contributions to the general inflation rate, the most expressive was the class of food and non-alcoholic beverages, which recorded a year-on-year change of 21.5% (20.6% in the previous month), the highest value since May 1985. 

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