In May 2023 the Consumer Price Index decreased by 0.1% compared to the previous month, while the annual inflation rate amounted to 1.5%. With regard to the annual core inflation, the prices increased by 4.0%, while the annual core inflation without tobacco amounted to 3.9%, writes GeoStat.
Prices decreased for the subgroup of oils and fats (-17.0%) and fruit and grapes (-12.0%); Miscellaneous goods and services: the prices for the group increased by 18.4%, contributing 0.92% to the overall index. Within the group, the prices were higher for the following subgroups: financial services (27.9%), personal care (12.5%), other services n.e.c. (92.0%);
Alcoholic beverages and tobacco: the prices increased by 7.1%, contributing 0.48% to the overall index. Within the group, the prices were higher for both alcoholic beverages (9.1%) and tobacco (5.0%); Transport: the prices for the group decreased by 12.9%, contributing -1.64% to the overall annual index. Within the group the prices decreased for the following subgroups: operation of personal transport equipment (-20.3%), purchase of vehicles (-2.0%). At the same time, prices increased for transport services (6.4%);
Health: the prices for the group decreased by 7.5%, with the relevant contribution of -0.73% to the annual inflation rate. Within the group, the prices were lower for medical products, appliances and equipment (-18.1%). At the same time, prices increased for out-patient services (12.0%) and hospital services (6.7%).