Consumer prices were slightly down in the month of July 2016 by 0.3 percent compared to the corresponding period of the previous year.
Inflationary processes continued to be benign, as price dynamics remained subdued in most product categories. Slightly lower prices helped preserve the value of wages and pensions, which have underpinned consumption growth and economic expansion.
In comparison to the previous month, prices were down by 0.2 percent, due to the seasonal fall of food prices and lower fuel prices.
