Expensive oil products - Inflation rises to 2.0 percent

BusinessEconomy ♦ Published: July 14, 2010; 00:00 ♦ (Vindobona)

The inflation rate was held high in June compared to last year due to higher prices of petroleum products.

Expensive oil products - Inflation rises to 2.0 percent / Picture: © Vindobona.org

The inflation rate was held high in June compared to last year due to higher prices of petroleum products. Accounting for petroleum products, the rate would be at only 1.4 percent.

The rate of inflation rose (on a yearly level) by 2.0 percent, after the 1.9 percent rate in May The price increases in petroleum products amounted to +14 percent; the main driver of inflation, without…