Transportation was one of the groups that stood out for its influence on the decrease in inflation, according to the CPI data confirmed today by the National Institute of Statistics (INE). Thus, transport placed its rate at -7.6%, almost four points below that of last month. This decrease was due to the fact that the rise in the prices of fuels and lubricants for personal vehicles was less than that of June last year.
For their part, food and non-alcoholic beverages registered a rate of 10.3%, more than one and a half points below that of the previous month. This behavior was mainly due to the fact that the prices of fruit, bread and cereals, and meat have increased less than in June 2022. The stability of milk, cheese, and eggs also had an influence, compared to the increase of the previous year , and the fall in the prices of legumes and vegetables, which increased in June of last year. It should be noted, although in the opposite direction, the rise in the prices of oil and fats, compared to the drop in June 2022.
In addition, housing decreased its variation by more than two points, to -12.7%. This behavior was due to the fact that electricity prices increased less than last year and that liquid fuels fell, compared to the rise in the same month of 2022.
In turn, among the groups with a positive influence, leisure and culture stood out, with a rate of 5.2% (nine tenths higher than the previous month). This evolution was due to the fact that the prices of tourist packages increased more than in June 2022.
As regards the annual rate of core inflation, excluding fresh food and energy, it fell two tenths to 5.9%.
