August 2026 inflation at 5.4%

Inflation rate increased during August 2026 to 5.4%, according to the National Institute of Statistics, driven by a rapid rise in the prices of food and beverage items by 7.5%, especially with the increase in poultry prices (16.5%), lamb meat (14.7%), and fresh fish (10.9%). Additionally, prices of manufactured goods rose by 4.7%, with clothing and footwear increasing by 9%, and services by 4.3%, particularly hotel services (15.6%). The inflation was primarily concentrated on non-durable goods, which rose by 6.5%, compared to 1.3% for durable goods. The monthly price index saw an increase of 0.5%, with prices of clothing and footwear decreasing by 4.7% due to the summer sales season.

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