AUGUST 2022 23 MONTHLY STATISTICAL BULLETIN Consumer price and core inflation indices (year-on-year rate of change and 12-month moving average) CPI annual rate of change increases to 9.1% In July 2022, the Consumer Price Index (CPI) registered the following year-on-year rates of change: • Total CPI: 9.1% (+0.4 p.p. than the previous month), the highest value since November 1992; • Core inflation index (total index excluding unprocessed food products and energy): 6.2% (6.0% in June); • Energy products index: 31.2% (-0.5 p.p. compared to the previous month); • Unprocessed food products index: 13.2% (11.9% in June). In July 2022, the CPI also registered the following rates of change: • Month-on-month: nil rate (0.8% in the previous month and -0.3% in July 2021); • Month-on-month, excluding unprocessed food products and energy: -0.3% (0.3% in the previous month and -0.6% in July 2021); • Average of the last 12 months: 4.7% (4.1% in the previous month). 4.7% 9.1% 6.2% -1.0 1.0 3.0 5.0 7.0 9.0 11.0 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 CPI (12-month moving average) CPI (year-on-year rate of change) Core Inflation Index (year-on-year rate of change) %
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