CPI increased 10bp.
Summary: In August, headline CPI increased 10bp to 7.6% YoY
In August, headline CPI increased 10bp to 7.6% YoY, as was flagged by the recent weekly inflation prints. Component-wise, the pick-up in food inflation (to 10.3% YoY) on the back of price gains on products that were affected under the recent extension of trade restrictions was the main driver, with meat and fish adding almost 20bp to the acceleration in headline CPI. The slower indexation of regulated tariffs and moderating gasoline inflation helped to dampen to some extent the impact of rising food prices, shaving about 10bp off the headline CPI.
Copyright EMBIN (Emerging Markets Business Information News) Provided by SyndiGate Media Inc. ( Syndigate.info ).
|Printer friendly Cite/link Email Feedback|
|Publication:||EMBIN (Emerging Markets Business Information News)|
|Date:||Sep 7, 2014|
|Previous Article:||Moody's details shift to mandatory clearing for OTC derivatives.|
|Next Article:||Legatum Seeds Ebola Crisis Fund With $150,000 Gift.|