Gandul
Annual inflation was at 8.61% on the year in June, just below the two-year high of 8.62% in April.
In June alone, food prices were up 0.32% on the month, non-food prices rose 0.28%, while prices for services contributed by only 0.19% to the monthly inflation increase.
Since the beginning of the year, inflation has already accumulated 3.57%, which makes it practically impossible for the central bank to reach its year-end target of 2.8%-4.8%.
The central bank projects inflation at 6% at the end of December this year. It has established a target of 2.5%-4.5% for next year inflation.