January 25, 2021

Prices moderate their fall to 0.3% in June due to the rise in energy



Consumer prices registered a year-on-year drop of 0.3% in June, reflecting a moderation in the decreases recorded in the last two months in the midst of the COVID-19 pandemic, due to the increase in fuels and electricity, which one year they became cheaper.

According to the leading CPI indicator published this Monday by the National Statistics Institute (INE), the annual decline rate is six tenths lower than that of May (0.9%) and four tenths lower than that of April (0.7 %).

The drop in prices in June reflects that, although some services continue to decline, the general rise in prices for food and energy products have softened the decline. AND

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