Economy
Posted: 4 months ago

Annual Inflation Rate Mainly Influenced by Price Changes in Food and Beverages

The annual inflation rate was mainly influenced by price changes for the following groups: Food and non-alcoholic beverages.

The prices within the group increased by 7.9 percent, contributing 2.43 percentage points to the overall annual inflation rate.

Within the group the prices were higher for the following subgroups: vegetables (33.7 percent), fish (13.5 percent), bread and cereals (11.6 percent), meat (7.2 percent), mineral waters, soft drinks, fruit and vegetable juices (4.8 percent). Meanwhile, the prices decreased for fruit and grapes (-19.9 percent).

Alcoholic beverages and tobacco: the prices increased by 21.1 percent, with a relevant contribution of 1.38 percentage points to the overall annual CPI growth. The prices increased for tobacco (44.6 percent); Transport: the prices increased by 3.2 percent, which resulted in a 0.39 percentage point contribution to the overall annual inflation rate.

The prices were higher mainly for the operation of personal transport equipment (4.4 percent) and transport services (1.6 percent); Recreation and culture: the prices went up by 4.6 percent, contributing 0.26 percentage points to the overall annual inflation rate.

The prices in the group increased for recreational and cultural services (6.4 percent); Health: the prices went up by 3.0 percent, contributing 0.25 percentage points to the overall annual inflation rate. The prices increased for the following subgroups: medical products, appliances and equipment (4.5 percent), outpatient services (2.9 percent) and hospital services (1.6 percent).