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The inflation rate according to the CPI was 1.9 percent in August 2024, down from 2.6 percent in July, which mainly can be attributed to lower energy prices. On a monthly basis, the CPI index decreased by 0.6 percent from July to August. The inflation rate according to the CPIF (Consumer Price Index with fixed interest rate) was 1.2 percent in August, down from 1.7 percent in July.