“The rate of inflation increase was ‘propelled’ in April this year, as it rose by 5.4% (annual comparison) from 3.9% in March and compared to a 2% increase in April last year. However, the rise in the monthly comparison also portends further inflationary pressures in the coming period.
The main reason is energy prices, which spread across the entire spectrum of products and services, from food items to passenger air transport.
Specifically, in food and grocery items, the following price increases stand out: Bread and other bakery products (0.9%), Beef (19.2%), Pork (1.3%), Lamb and goat (13.3%), Poultry (4%), Fish and seafood (1.9%), Dairy products and eggs (3.5%), Margarine and other vegetable fats (11.6%), Fruit (7.5%), Vegetables (7.1%), Chocolates and chocolate products (7%), Confectionery products (3.4%), and Coffee (7.9%).
In energy, price increases were recorded in: Electricity (14%), Natural gas (19.3%), Heating oil (53.2%), Solid fuels (2.7%), Diesel (32.4%), Gasoline (17.1%), and Other fuels (42.4%).
There were also price increases, among others, in: Clothing and footwear (2%), Housing rents (7.6%), Passenger air transport (18.6%), Restaurants and confectioneries (6.5%), and Health insurance premiums (7%).
Between April and March, price increases were recorded, among others, in: Pasta (4%), Pork (2.5%), Lamb and goat (5.7%), Fruit (0.7%), Housing rents (0.6%), Electricity (2%), Natural gas (39.5%), Heating oil (18.1%), Diesel (4.2%), Gasoline (5.7%), Other fuels (8.6%), Passenger air transport (15.9%), and Hotels (10.2%).
Source: ANA-MPA
