Published on: 10 July 2018

Prices increased by 3.1% in June

Consumer prices were 3.1% higher on average in June 2018 than a year earlier. Significant price increases were measured over the past year for motor fuels as well as tobacco.

In June 2018 compared to June 2017:

Food prices rose by 3.4%, within which butter became 12.2%, pasta products 11.2%, eggs 10.1%, milk products 9.0%, flour 5.1% and poultry meat 4.6% more expensive and sugar 22.1% cheaper. The highest price increase of 6.2% on average was recorded for other goods (pharmaceutical products, motor fuels, household products and recreational goods), within which consumers paid 15.0% more for motor fuels. The price of alcoholic beverages and tobacco was up by 5.9% and services prices by 1.6% on average. Electricity, gas and other fuels turned 1.4% more expensive, within which firewood prices increased by 13.2% and butane and propane gas prices by 4.6%, the prices of electricity, natural and manufactured gas and purchased heat were unchanged. 0.6% more was paid for clothing and footwear and 1.1% less for consumer durables.

In June 2018 compared to May 2018:

Consumer prices increased by 0.3% on average. Food prices lessened by 0.4%, dominantly due to a 4.4% decrease in the price of seasonal food items (potatoes, fresh vegetables and fruits) – excluding this latter group, food prices went up by 0.2% on average. The price of other goods rose by 1.3%, within which motor fuel prices by 3.2%. Alcoholic beverages and tobacco became more expensive by 1.3% and services by 0.2%. The price of electricity, gas and other fuels was unchanged. Consumer durables prices were lowered by 0.1% and the price of clothing and footwear by 0.2%.

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

Consumer prices were up by 2.3% on average.

Consumer price indices, June 2018

(%)

Denomination Previous month=100.0 Corresponding month of previous year=100.0
Consumer price index100.3103.1
Harmonised consumer price index100.3103.2
Core inflation (seasonally adjusted)100.3102.4
Consumer price index for pensioners100.1102.7