Inflation dropped to 6.2% in August 2026, INS announces

The National Institute of Statistics (INS) announced on Friday that the annual inflation rate reached 6.2% in August 2026, compared to the same month of the previous year. This represents a significant decline from the level recorded in June 2026, when annual inflation stood at 10.4%.

For the period from the start of the year, namely August 2026 measured against December 2025, the inflation rate was 4.6%.

Monthly price developments

According to INS data, the consumer price index for August 2026, compared to July 2026, stood at 100.22%, indicating a month-on-month price increase of 0.22%.

12-month average

Looking at the September 2025 – August 2026 period, consumer prices recorded an average increase of 9.5% compared to the preceding 12-month period.

Alongside the national index, the harmonised index of consumer prices (HICP) is also calculated, using a common methodology at European level. According to this indicator, the annual inflation rate in August 2026 was 6.3%, whilst the monthly price increase (August compared to July) was 0.26%. The average inflation rate over the past 12 months, calculated using the HICP, was 8.6%.