Prices of goods and services for personal consumption in December 2022 increased by 13.1% at the annual level

The largest contribution to the growth rate of the annual index came from the division Food and non-alcoholic beverages

In December 2022 compared to November 2022, the prices of goods and services for personal consumption, measured by the consumer price index, decreased by 0.3% on average. Compared to December 2021, that is, at the annual level, they increased by 13.1% on average, while on the annual average they increased by 10.8%.

Observing the main divisions of the ECOICOP classification, at the annual level, the highest increase on average in consumer prices was recorded in the following divisions: Food and non-alcoholic beverages, of 19.0%, Restaurants and hotels, of 17.1%, Furnishings, household equipment and routine household maintenance, of 16.1%, Housing, water, electricity, gas and other fuels, of 16.0%, Clothing and footwear, of 12.1%, Miscellaneous goods and services, of 11.5%, Recreation and culture, of 9.6%, Transport, of 8.4%, Alcoholic beverages and tobacco, of 5.3% and Health, of 4.6%.

The largest contribution to the growth rate of the annual index came from the following divisions: Food and non-alcoholic beverages (+4.93 percentage points), Housing, water, electricity, gas and other fuels (+2.70 percentage points), Transport (+1.24 percentage points), Furnishings, household equipment and routine household maintenance (+0.92 percentage points), Restaurants and hotels (+0.85 percentage points), Clothing and footwear as well as Miscellaneous goods and services (+0.71 percentage points for each division), Recreation and culture (+0.51 percentage points), Alcoholic beverages and tobacco (+0.27 percentage points) and Health (+0.15 percentage points).

Observing the selected groups, the highest increase on average in consumer prices at the annual level was recorded in the group Processed food, of 18.0% (contribution to the growth of +4.06 percentage points).

Additional information can be found in the First Release. 

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