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Food Inflation Trends in July 2020.
Official year on year food and non-alcoholic beverage inflation reflected a slight increase from 4.2% in June to 4.3% in July.
If food without the beverage component is considered, the official year on year increase was 4.6%.
This figure remains stubbornly high, with constrained demand supporting expectations, prior to the release of the figures, of lower inflation rates.