Year-on-year, cost of food and beverages went down 2.01 percent, following a 0.66 percent drop in July. It is the biggest fall since at least 1990. Additional downward pressure came from prices of furnishings and household equipment (-1.63 percent compared to -0.05 percent in July). In addition, cost rose at a slower pace for health (6.78 percent compared to 7.19 percent) and education (7.15 percent compared to 7.94 percent). On the other hand, inflation accelerated for housing (4.88 percent compared to 4.6 percent); transport (3.08 percent compared to 1.8 percent in July) and clothing (2.33 percent compared to 2.2 percent).
On a monthly basis, consumer prices went up 0.19 percent, below a 0.24 percent rise in July and lower than market expectations of 0.31 percent. Prices of food went down 1.07 percent, the fourth consecutive drop amid a record harvest. Main declines were reported for beans (-14.86 percent); tomato (-13.85 percent); sugar (-5.9 percent); milk (-4.26 percent); fruit (-2.57 percent) and meat (-1.75 percent). Additional downward pressure came from cost of communication (-0.56 percent). The biggest upward impact came form transport cost (1.53 percent), mainly due to a 6.67 percent rise in fuels.