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.

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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.

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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%