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In July 2020, consumer prices rose by 0.4% over one month and by 0.8% year on year
In July 2020, the Consumer Price Index (CPI) accelerated by 0.4% over a month, after +0.1% in the previous month. This rise was the result of higher prices for services (+0.9% year on year after +0.3%), a slight increase in tobacco prices (+0.1% after a stability in June) and a stability of manufactured products, after a 0.3% drop in the previous month. Contrariwise, the fall in food prices was higher (−0.9% after −0.8%) and energy prices slowed down to +1.0% after +1.8%. Seasonally adjusted, consumer prices rose by 0.7% in July, after +0.1% in June. Year on year, consumer prices accelerated to 0.8%, after +0.2% ... (full story)