These products might get more and more expensive

By: Trademagazin Date: 2021. 05. 14. 11:24

Over the past year, the price of spirits, tobacco and fuels has risen significantly, however, there are also products that have gone through a drastic increase in a year: the price of cooking oil has increased by 22.8 per cent, rice by 7.7 per cent, margaré by 7.5 per cent, flour by 7.4 per cent, pasta by 6.8 per cent and sugar and fruit and vegetable juices by 4.9 per cent. Meanwhile, pork prices fell 6.9 percent, Parisian sausages 1.6 percent and cheese 1.2 percent.

Food prices increased by an average of 2.4 percentage points, so the inflation of these products was 2.7 percentage points lower than for all consumer goods combined!

This is a significant improvement on the increase so far, as food has become particularly expensive during the epidemic: in August the annual price increase was 7.9 percent, in September it was 7.3 percent, in October the price of food “only” increased by 6.5 percent, and in November it increased by 6.2 percent in a year.

By December, the rate had been reduced to 4.9 per cent and to 3.9 per cent by January 2021. In February, annual food prices were up 3.4 percent. By comparison, march’s 2.7 percent, which was 1 percentage point lower than overall inflation, showed an improvement. This continued in April, when annual food price growth fell to 2.4 per cent.