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Estimated Gross Domestic Product:
3.2%,2019 / 2018
Gross Domestic Product Actual:
4.1%, Dec 2018 / Dec 2017
Average Consumer Price Index (CPI):
2.0%, Jan - June 2020 / Jan - June 2019
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64,958, as of Spring 2020
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Balance of Payments Current Account Deficit (EST) % GDP:
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Home / News / June 2007 Inflation Report Released

June 2007 Inflation Report Released

"The CPI in June 2007 rose by 3.0% compared to the June 2006 CPI, which is traced to increases in the average prices of all major categories, except housing."

The CPI in June 2007 rose by 3.0% compared to the June 2006 CPI, which is traced to increases in the average prices of all major categories, except housing. This is, however, lower than the 4.6% year-on-year inflation rate recorded in March 2007.

The CPI in June 2007 was also higher by 0.1% compared to the March 2007 CPI as all categories posted increases except for housing. This quarter-on-quarter inflation rate is also lower than the 1.9% recorded in March 2007.

The CPI in the fist two quarters of the year averaged 147.4, thus resulting to an average inflation rate of 3.7%. This implies that the 3.6 percent forecast for 2007 is within reach.

For more of the June 2007 CPI Report, click on "Consumer Price Index"