The monthly inflation rate was 1.7%, while the annual inflation rate was 5.3%. The inflation rate is measured by the CPI, with monthly inflation referring to July 2025 compared to the previous month, and the annual inflation is for July 2025 compared to the same month of the previous year.
In July 2025, compared to the previous month, the highest increase was registered in the following groups: ‘Recreation and culture’ (13.2%), ‘Restaurants and hotels’ (2.4%), 'Communications’ (2.0%) and ‘Housing, water, electricity, gas and other fuels’ (1.9%). A decrease in the prices was recorded in the following group: ‘Clothing and footwear’ (-3.4%).
Consumer Price Index (CPI)
In July 2025, the monthly inflation rate was 1.7% and the annual inflation rate in July 2025, compared to July 2024, was 5.3%.
The inflation rate since the beginning of the year (July 2025 compared to December 2024) was 4.1%, and the annual average inflation rate for the period August 2024 - July 2025 compared to the period August 2023 - July 2024 was 3.2%.
Monthly inflation
In July 2025, the prices of goods and services increased in the following consumer groups:
- ‘Recreation and culture’ - an increase of 13.2%;
- ‘Restaurants and hotels’ - an increase of 2.4%;
- ‘Communications’ – an increase of 2.0%;
- ‘Housing, water, electricity, gas and other fuels’ - an increase of 1.9%;
- ‘Transport’ - an increase of 1.3%;
- ‘Alcoholic beverages and tobacco’ - an increase of 1.0%;
- ‘Education’ - an increase of 0.6%;
- ‘Miscellaneous goods and services’ - an increase of 0.6%;
- ‘Health’ - an increase of 0.3%;
- ‘Furnishings, household equipment and routine maintenance of the house’ - an increase of 0.2%;
- ‘Food and non-alcoholic beverages’ - an increase of 0.2%.
The prices of goods and services decreased in the following consumer group:
- ‘Clothing and footwear’ - a decrease of 3.4%.
Accumulated inflation
The accumulated inflation, measured by CPI, for the last three years (July 2025 compared to July 2022) was 17.0% and for the last five years (July 2025 compared to July 2020) was 41.2%.
