Alphacast High Frequency CPI: Inflation was 0.6% WoW

Note: This week, we are sharing a shortened version of the report as we are currently in the midst of migrating and upgrading our pricing system. Very soon, the new system will go live and enable us to publish core inflation indices with daily updates, which will be made directly available in Alphacast’s datasets. This enhancement marks a significant step toward greater accuracy and frequency in inflation tracking, further facilitating real-time analysis. We also inform you that weekly inflation is now measured from Monday to Sunday. Accordingly, the data corresponding to the week of June 16 will be published together with the report for the week of June 23. Thank you for joining us in this transformation process. Any feedback or suggestions are more than welcome.

Weekly inflation remained stable. Based on the latest weekly figures, consumer prices rose by 0.6% WoW, matching the recently revised 0.6% WoW increase recorded the prior week. On a monthly scale, inflation reached 1.7% MoM, remaining close to the previous revised MoM rise. In line with these developments, the YoY inflation rate marked 36.7%, below the earlier adjusted level of 39.6% YoY.

Over the course of the last week, inflation in core and seasonal goods moderated, while regulated prices experienced an increase. Core inflation increased by 0.5% WoW, falling short of the revised 0.7% WoW uptick seen the previous week. On a monthly basis, it rose by 1.3% MoM, unchanged from the prior adjusted reading. Likewise, seasonal goods prices posted a 0.2% WoW gain, mirroring the previous WoW variation. At the monthly level, this category grew by 0.2% MoM, remaining close to the earlier 0.3% MoM figure. Conversely, regulated prices rose by 0.9% WoW, in line with adjustments in fuel, public transport, education, prepaid healthcare, and gas and water services—exceeding the prior 0.5% WoW rise. As a result, the monthly change held at 3.0% MoM, falling below the earlier reported 3.3% MoM.