Last month, the consumer price inflation rate hit 3.2%, the highest level in two years and six months since December 2023. In the aftermath of the war in the Middle East, the price of petroleum products soared 24.7%, and the price increase of agricultural, livestock and fisheries products also expanded, leading to an inflation rate in the 3% range for two consecutive months. According to the ‘Consumer Price Trends for June 2026’ announced by the National Data Agency on the 2nd, the consumer price index last month was 119.99 (2020 = 100), up 3.2% compared to the same month last year. Compared to last May (3.1%). It increased by 0.1 percentage points (p) and was the highest in 2 years and 6 months since December 2023 (0.0%). The increase has been steadily expanding since the outbreak of the Middle East war in late February. Following 2.2% in March, 2.6% in April, and 3.1% in May, the rate of increase was in the 3% range until last month. Petroleum prices surged 24.7%, acting as a major factor in the price increase in the 3% range for two consecutive months. Gasoline rose by 23.1% and diesel rose by 33.7%, raising the overall price of petroleum products by 0.93%p.