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Annual inflation rate drops to 14.96% in July

The annual inflation rate dropped to 14.96% in July this year, from 15.1% in June, as prices of non-food goods climbed by 16.59%, those of food commodities were higher by 16.05%, and services were more expensive by 8.33%, according to data published on Thursday by the National Institute of Statistics (INS)."Consumer prices in July 2022 compared to June 2022 increased by 0.9%. The inflation rate at the beginning of the year (July 2022 compared to December 2021) is ...

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