The latest Consumer Price Index (CPI) report for July 2025, released by the Statistics Division under the Ministry of Finance and Corporate Governance, reveals significant price increases across various categories, particularly in food and beverages. The overall CPI rose by 1.2% year-on-year, with the Food and Non-Alcoholic Beverages index increasing by 1.0%, reversing a 1.0% decline in June. The All Items Less Food and Energy index also saw a 1.3% rise over the same period. The Food index surged by 1.4%, driven by notable increases in the Fruits subcategory (+14.6%), Meats and Meat Products (+4.8%), and Bread and Cereals (+3.3%). Among fruits, Red Seedless Grapes experienced the highest spike at 66.7%, followed by Green Bananas and Pears, both up by 16.2%. Other contributors to the food price hike included Milk, Cheese, and Eggs (+1.9%) and Sugar, Jams, Honey, Chocolate, and Confectionery (+1.1%). On a monthly basis, the CPI for July 2025 increased by 1.4%, with the Food index rising by 1.0%. Key drivers of this monthly increase were Sugars, Jam, Honey, Chocolate, and Confectionery (+3.6%), Milk, Cheese, and Eggs (+3.0%), and Fish and Seafood (+2.4%). The All Items Less Food and Energy index also rose by 1.6%, influenced by significant increases in Recreation and Culture (+6.5%) and Transport Services (+20.4%). The CPI methodology, which measures inflation by tracking price changes of goods and services consumed by households, relies on monthly and quarterly data collection from supermarkets and service providers. For detailed insights, the full CPI report for July 2025 is available on the Statistics Division’s official website.
Grapes, Green Bananas and Pears saw major price increases in July, CPI reveals
