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17-Jan-2023
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Prices for the year increased by 13 percent

The prices of products and services for personal consumption, measured by the consumer price index, last year, compared to 2021, were on average 13 percent higher, according to Monstat data.

In December last year, compared to November, consumer prices were on average 0.1 percent higher.

Consumer prices in December last year, compared to the same month in 2021, are on average 17.2 percent higher.

"The biggest impact on the monthly inflation rate was the increase in prices in the groups of real rent paid by tenants for primary residence, accommodation services, milk, cheese and eggs, vegetables, other devices, items and products for personal care, vehicle maintenance and repair, solid fuels and meat", the announcement states.

Observed by the main groups of products and services according to the purpose of consumption, in December compared to November, growth was recorded in the groups restaurants and hotels by two percent, other goods and services by 1.4 percent, housing, water, electricity, gas and other fuels 1, 3 percent, food and soft drinks and recreation and culture 0.4 percent each, as well as health 0.1 percent.

The drop in prices was recorded in the groups transportation by 2.9 percent, clothing and footwear by 1.3 percent, and alcoholic beverages and tobacco by 0.2 percent.

The prices of other products and services did not change significantly.

I.B.

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