Published on: 8 November 2018

Prices increased by 3.8% in October

Consumer prices were 3.8% higher on average in October 2018 than a year earlier. Significant price increases were measured over the past year for motor fuels and tobacco.

In October 2018 compared to October 2017:

Food prices rose by 4.6%, within which the price of seasonal food items (potatoes, fresh vegetables and fruits) became 20.5%, flour prices 7.6% and the price of bread 5.5% higher and sugar prices 20.2% lower. The price of alcoholic beverages and tobacco increased by 5.1% on average, within which tobacco prices by 7.3%. Electricity, gas and other fuels turned 1.3%, within which butane and propane gas 12.7% and firewood 9.5% more expensive. Consumers paid 16.2% more for motor fuels.

In October 2018 compared to September 2018:

Consumer prices were up by 0.5% on average. Food prices rose by 0.5%, within which flour became 2.0%, seasonal food items 1.9%, bread as well as cheese both 1.8% and eggs 0.7% more expensive, while sugar became 1.1% and pork 0.8% cheaper. Clothing and footwear cost 2.2% more for consumers owing to seasonal changes. The price of alcoholic beverages and tobacco increased by 1.1%, dominantly due to an increase in tobacco excise duty. Electricity, gas and other fuels became 0.3%, within which butane and propane gas 3.0% and firewood 1.4% more expensive. Consumers paid 1.1% more for motor fuels.

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

Consumer prices increased by 2.8% on average.

Consumer price indices, October 2018

(%)

Denomination Previous month=100.0 Corresponding month of previous year=100.0
Consumer price index100.5103.8
Harmonised consumer price index100.5103.9
Core inflation (seasonally adjusted)100.3102.6
Consumer price index for pensioners100.5103.4