The prices of goods and services for personal consumption grew at the annual level by 12.0% in February 2023

The highest increase in consumer prices recorded in the division Restaurants and hotels

In February 2023, compared to February 2022 (at the annual level), the prices of goods and services for personal consumption, measured by the consumer price index, increased by 12.0% on average, while, compared to January 2023 (at the monthly level), they increased by 0.2% 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 following divisions: Restaurants and hotels, of 18.5% (contribution to the growth of +0.93 percentage points), Food and non-alcoholic beverages, of 17.1% (+4.54 percentage points), Housing, water, electricity, gas and other fuels, of 15.5% (+2.63 percentage points), Furnishings, household equipment and routine household maintenance, of 14.2% (+0.82 percentage points), Clothing and footwear, of 11.3% (+0.69 percentage points), Miscellaneous goods and services, of 10.7% (+0.67 percentage points), Recreation and culture, of 8.9% (+0.46 percentage points), Health, of 6.1% (+0.19 percentage points), Transport, of 5.8% (+0.81 percentage points) and Alcoholic beverages and tobacco, of 5.3% (+0.27 percentage points).

Find out more information in the First Release.

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