Services price inflation is likely to fall to 1.5 percent in June from 1.9 percent in the previous month, with cost of rents advancing by 1.6 percent, the same pace as in May. Meanwhile, prices of goods are expected to advance by 2.8 percent, compared with 2.5 percent in May, as energy inflation is set to increase to 6.4 percent from 5.1 percent. Food cost is likely to rise at a slightly slower pace (3.4 percent vs 3.5 percent).
On a monthly basis, consumer prices are set to rise 0.1 percent in June, after growing 0.5 percent in May and also in line with market consensus.
The harmonised index of consumer prices is expected to rise by 2.1 percent from the previous year; and by 0.1 percent from the previous month.