Published on: 13 February 2020

Prices increased by 4.7% in January

Consumer prices were 4.7% higher on average in January 2020 than a year earlier. Significant price rises were measured over the past year for motor fuels, alcoholic beverages and tobacco as well as food.

In 12 months, compared to January 2019:

Food prices went up by 6.9%, within which pork prices became 27.6%, the price of other meat preparations 17.4%, that of seasonal food items (potatoes, fresh vegetables and fruits) 10.8%, sugar prices 8.4% and the price of meals at restaurants and canteens 7.2% higher. The price of alcoholic beverages and tobacco rose by 7.4% on average, within which tobacco prices by 11.3%. Consumers paid 3.6% more for services, within which rent increased by 10.3%. Motor fuels became 13.5% more expensive.

In one month, compared to December 2019:

Consumer prices rose by 0.9% on average. Food prices were up by 2.0% on average, within which the price of seasonal food items (potatoes, fresh vegetables and fruits) became 7.9%, both pork and pasta products prices 2.5%, the price of non-alcoholic beverages 2.3% and that of other meat preparations 1.5% higher. Consumers paid 1.2% more for alcoholic beverages and tobacco, within which tobacco – due to an increase in the excise duty imposed on it – became 1.2% more expensive. 0.5% more was paid for services, within which 8.7% more for postal services and 7.0% more for games of chance. The price of motor fuels rose by 2.8%. Clothing and footwear cost 2.2% less for consumers due to the end-of-season sale.

Consumer price indices, January 2020

(%)

Denomination Previous month = 100.0 Corresponding month of previous year = 100.0
Consumer price index100.9104.7
Harmonised consumer price index100.9104.7
Core inflation (original, seasonally unadjusted)a)100.5104.0
Consumer price index for pensioners101.1104.6

a) Seasonally adjusted indices are available in Summary tables (STADAT), in Table 3.6.6.