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June Inflation 5.31%
The Instituto Nacional de
Estadística y Censo (INEC) said
that last month (June), the
inflation rate closed at 5.31%,
which is the lowest compared to
the month of June in 2004 and
2005 (6.25% and 6.86%
respectively).
The figures show that increases
in the prices of public services
like gasoline (4.08%) and
staples like potaotes (14.01%),
oranges (19.16%) and eggs
(4.89%) contributed to the
inflation rate.
Contributing to lowering the
inflation rate was the drop in
prices for such items as carrots
(-8.29%), electrical services
(-0.41%), lemons (-22.7%) and
onions (-6.58%).
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