July 2024: Sectoral Inflation Report

In July 2024, the monthly inflation rate increased to 0.24%, up from June's -0.12%. This uptick is largely due to a 0.34% rise in the Food and Non-Alcoholic Beverages category, driven by higher prices for vegetables, legumes, and tubers. Additionally, the Transportation sector recorded a 0.63% increase, primarily due to higher costs in passenger road transport, especially interprovincial bus fares.

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