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Inflation increases to 8.5 percent in February

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In February, headline inflation as measured by the Consumer Price Index (CPI), increased for the third successive month to 8.5 percent from 7.9 percent in January. Inflation rose for most commodity groups, including food and non-alcoholic beverages (from 4.7 percent to 5.3 percent), alcohol and tobacco (from 10.6 percent to 10.7 percent), housing, water, electricity, gas and other fuels (from 7.7 percent to 7.8 percent), clothing and footwear (from 9.0 percent to 9.1 percent, recreation and culture (from 6.5 percent to 6.6 percent) and, more significantly, for transport (from 10.6 percent to 13.7 percent). The acceleration in transport inflation mainly reflected the impact of increased costs of retail fuel, implemented at the beginning of the month. However, these increases were to some extent offset by falling inflation for health (from 3.0 percent to 2.9 percent), restaurants and hotels (from 11.0 to 10.5 percent) and miscellaneous goods and services (from 7.1 percent to 7.0 percent); while inflation was unchanged for furnishing, household equipment and routine maintenance, communication and education at 8.9 percent, 1.9 percent and 10.6 percent, respectively. Both the trimmed mean measure of core inflation and inflation excluding administered prices increased, from 8.0 percent to 8.6 percent and from 7.6 percent to 7.7 percent, respectively.

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