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Ministry of Finance, Statistical Service


The Consumer Price Index for July 2003 decreased by 1,59 units or 1,38% to 113,75 units compared to 115,34 in June 2003. This is mainly due to decreases in the prices of clothing, footwear, furniture and furnishing items due to summer sales discounts as well as to decreases in the prices of certain fresh fruit and petrol (that was not in force for the whole of June). Increases have been recorded in the prices of car insurance, medical care and air fares.

2. For the period January-July 2003 the CPI recorded an increase of 4,66% compared to the corresponding period of 2002. The rate of increase of the Index for July 2003 compared to July 2002 was 3,33%.

3. The evolution of the Index by month during 2003 as well as the percentage changes compared with corresponding month and period of last year are shown in Key Figures.

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