In August, prices increased at a faster pace for: food and non-alcoholic beverages (7.4 percent from 5.6 percent in July); restaurants & lodging (2.5 percent from 0.3 percent); and other products and services (2.6 percent from 0.1 percent). Health (1.3 percent from 0.0 percent); and education costs (1.1 percent from 0.0 percent) rose sharply after remaining unchanged in the previous month.
Costs rebounded for housewares (0.9 percent from -1.1 percent) and traffic (1.6 percent vs -0.7 percent). Meanwhile, costs rose less compared to a year earlier for: liquor & tobacco (1.6 percent vs 1.8 percent) and communications (0.3 percent vs 0.5 percent).
Inflation was steady for clothing and footwear (1.2 percent) and utilities (3.9 percent).
On a monthly basis, consumer prices rose 0.6 percent after rising 0.2 percent in July, significantly outpacing market expectations of a 0.2 percent rise.
Core inflation, which excludes volatile items such as oil and food, rose 1.8 percent after also rising 1.8 percent in the previous month.