Food prices continue to rise
In July 2021 and compared to last month, the Household Final Consumer Price Index (CPI) grew slightly less than in June (+0.3% after +0.4%), mainly due to the increase in food prices (+1.0% after +1.1% the previous month).
Compared to the same period in 2020, consumer prices accelerated to 2.0%, after +1.6% last month and +1.8% in July 2020. This year-on-year trend is mainly due to the increase in the prices of food products (+4.8% after +3.6% the previous month), clothing and footwear (+3.0% after +3.3% the previous month), as well as those of furniture, household items and routine household maintenance (+2.1% after +1.9% the previous month).
On average over the last twelve months, the increase in prices (+1.6% as in the previous month) is mainly due to the increase in the prices of food products (+4.0% as in the previous month), clothing and footwear (+2.3% after +2.2% in the previous month), as well as “furniture, household articles and routine household maintenance” (+2.0% in the previous month).