The annual inflation rate climbed to 5% in August this year from 5% in July, according to data published Friday by the National Institute of Statistics (INS). The biggest increases were in electricity and gas.
The price increase comes as non-food goods rose by 7.92%, food goods by 2.7% and services by 2.97% compared to August 2020.
“Consumer prices in August 2021 compared to July 2021 increased by 0.2%. The year-to-date inflation rate (August 2021 compared to December 2020) is 4.7%. The annual inflation rate in August 2021 compared to August 2020 is 5.3%. The average rate of consumer prices in the last 12 months (September 2020 to August 2021) compared to the previous 12 months (September 2019 to August 2020) is 3.3%,” the NSI states.
Top price increases, compared to August 2020:
Electricity – 24.65%
Electricity, gas and central heating – 21.51%
Edible oil – 21.27%
Gas – 20.55%
Oil, bacon, fat – 18.81%
Fuels – 14,11% – Other
Sheep’s cheese – 6,53%
Fresh fish – 6,15%
Fish and canned fish – 5,62%
Postal services – 5,53%
Tobacco, cigarettes – 5,3%
Cheese – 5,2%
Water, sewerage, sanitation – 5,16%
Margarine – 5,06%
Corn meal – 4,9%
Bread – 4,59%
Top cheapest prices, compared to August 2020:
Potatoes – 31%
Air – 23%
Vegetables and canned vegetables – 4.4%
Fresh fruit – 2.5%
Top price increases, compared to December 2020:
Electricity – 23.15%
Electricity, gas and central heating – 20.68
Gas – 20.49
Edible oil – 17.3%
Citrus and other southern fruits – 16.77%
Oil, bacon, fat – 15.41%
Fruit and canned fruit – 10.05%
Fresh fruit – 5.55%
Postal services – 5,51%
Top cheapest, compared to December 2020:
Potatoes – 10.65%
Eggs – 4.32%