Excluding the variations due to sales, the prices of goods and services excluding petroleum products increased by 0.3%.
According to the National Institute of Statistics and Economic Studies (STATEC), the annual inflation rate rose slightly from 2.3% to 2.5%.
The sharp rise in petroleum products has skewed STATEC's forecasts. Inflation is expected to rise to over 2% this year. As a result, "the next wage indexation would take place earlier than expected".
Following a rebound in July, the prices of petroleum products started to fall again in August, with a decrease of 0.2% compared to the previous month. The main reason for this was the 1.6% fall in the price of heating oil.
Compared to August of 2020, prices of petroleum products increased by 29.9% following an exceptionally low price level in 2020.
Package travel also increased by 6.4% compared to July, while passenger transport by air rose by 24.2%.
