Published on: 8 June 2018

Prices increased by 2.8% in May

Consumer prices were 2.8% higher on average in May 2018 than a year earlier. The highest price increases in this period were measured for alcoholic beverages and tobacco as well as motor fuels.

In May 2018 compared to May 2017:

Food prices rose by 3.8%, within which eggs became 14.3%, butter 12.7%, pasta products 9.6%, milk products 7.5% and flour 6.1% more expensive. Sugar became 19.9% cheaper. The highest price increase of 5.2% on average was recorded for alcoholic beverages and tobacco. Consumers paid 4.3% more for other goods (pharmaceutical products, motor fuels, household products and recreational goods), within which 9.5% more for motor fuels. The price of services was up by 1.7% on average. Electricity, gas and other fuels turned 1.3% more expensive, within which firewood prices increased by 13.2% and butane and propane gas prices by 3.6%, the prices of electricity, natural and manufactured gas and purchased heat were unchanged. 0.8% more was paid for clothing and footwear and 1.2% less for consumer durables.

In May 2018 compared to April 2018:

Consumer prices increased by 0.6% on average. Food prices rose by 0.6% as well, dominantly due to a 6.0% rise in the price of seasonal food items (potatoes, fresh vegetables and fruits). (Excluding this group, food prices decreased by 0.1% on average.) Eggs cost 3.4%, sugar 1.3%, other meat preparations 0.9% and cheese 0.8% less for consumers. The price of other goods was up by 1.7%, within which motor fuel prices rose by 4.2%. Clothing and footwear became more expensive by 0.6%, services by 0.4% and alcoholic beverages and tobacco by 0.3%. The price of electricity, gas and other fuels was unchanged. Consumer durables prices were lowered by 0.1%.

In January–May 2018 compared to the same period of the previous year:

Consumer prices went up by 2.2% on average.

Consumer price indices, May 2018

(%)

Denomination Previous month=100.0 Corresponding month of previous year=100.0
Consumer price index100.6102.8
Harmonised consumer price index100.7102.9
Core inflation (seasonally adjusted)100.2102.4
Consumer price index for pensioners100.5102.6