Prices in June 2023 were 7.6% higher than in June last year

The largest increase was realised in the groups Restaurants and hotels and Food and non-alcoholic beverages

In June 2023, compared to June 2022 (at the annual level), the prices of goods and services for personal consumption, measured by the consumer price index, increased by7.6% on average, while compared to May 2023 (at the monthly level), they increased by 0.9% on average.

Observing the main divisions of the ECOICOP classification, at the annual level, the highest increase on average in consumer prices was recorded in the followingdivisions: Restaurants and hotels, of 15.7% (contribution to the growth of +0.79 percentage points), Food and non-alcoholic beverages, of 14.7% (+3.90 percentage points), Miscellaneous goods and services, of 10.6% (+0.66 percentage points), Furnishings, household equipment and routine household maintenance, of 9.7% (+0.56 percentagepoints), Clothing and footwear, of 8.1% (+0.50 percentage points), Alcoholic beverages and tobacco, of 7.7% (+0.39 percentage points), Recreation and culture, of 7.0% (+0.36percentage points), Housing, water, electricity, gas and other fuels as well as Health, of 6.9% in each division (contribution to the growth of +1.17 percentage points in thedivision Housing, water, electricity, gas and other fuels, and of +0.22 percentage points in the division Health).

The increase in prices at the annual level was alleviated by adecrease in the prices in the division Transport, of 5.3% (contribution to the decrease of -0.74 percentage points).

In June 2023, compared to June 2022 (at the annual level), the prices of goods and services for personal consumption, measured by the harmonised index of consumer prices,increased by 8.3% on average, while compared to May 2023 (at the monthly level), they increased by 1.6% on average.

Find out more information in the First Release. 

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