Monthly inflation in May was 0.8%

Monthly inflation measured by Harmonised Index of Consumer Prices was 0.8% in May 2015, while the annual inflation was 1.6%, up from 1.3% in April. This was influenced mostly by increase in prices of: fuels and lubricants for personal transport; accommodation services; vegetables; restaurants, cafés and the like; milk, cheese and eggs. Consumer prices measured by the HICP in period January-May 2015 compared to the same period of the previous year were higher for 0.7%.

Observing the main groups, monthly growth of prices was noticed in the following groups: Transport (3.2%); Restaurants and hotels (1.6%), Food and non-alcoholic beverages (0.7%); Furnishing, household equipment and routine household maintenance (0.1%), while a monthly drop of prices was recorded in groups: Miscellaneous goods and services (-0.4%); Clothing and footwear (-0.3%); Alcoholic beverages and tobacco (-0.2%); Housing, water, electricity, gas and other fuels (-0.2%).

Positive annual inflation rates in May were observed in the following groups: Alcoholic beverages and tobacco (4.1%); Food and non-alcoholic beverages (3.8%); Clothing and footwear (3.1%); Housing, water, electricity, gas and other fuels (2.6%); Health (2.6%); Recreation and culture (2.0%); Miscellaneous goods and services (0.1%), while negative annual inflation rates were observed in the following groups: Transport (-1.9%); Furnishing, household equipment and routine household maintenance (-0.3%); Restaurants and Hotels (-0.1%).

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