KSH: Consumer prices increased by 7.9 percent on average compared to the same month of the previous year
In November 2023, consumer prices were on average 7.9 percent higher than a year earlier. Prices did not change on average compared to October, but vehicle fuels became 3.6 percent cheaper, the Central Statistical Office (KSH) reported on Friday.
Food prices rose by 7.1 percent in one year, mainly sugar (49.7 percent), chocolate and cocoa (19.1 percent), non-alcoholic soft drinks (17.9 percent), and buffet goods (17 .0 percent). Within the product group, the price of eggs decreased by 24.4 percent, flour by 15.8 percent, cheese by 10.4 percent, butter and butter cream by 9.9 percent, and dry pasta by 7.4 percent.
Household energy became 18.1 percent cheaper, including 36.2 percent less for piped gas, 3.5 percent less for electricity, 0.8 percent more for firewood, and 1.9 percent more for bottled gas. The price of vehicle fuels increased by 25.4 percent.
According to the KSH report, services rose in price by 12.6 percent, including highway use, car rental, parking by 20.7, holiday services by 15.8, sports and museum tickets by 14.1, vehicle repair and maintenance by 13, 8 percent more, travel to work and school cost 21.7 percent less.
Related news
Margin freeze versus VAT reduction: a solution to inflation or a field for political debate?
The government has been implementing a margin freeze since mid-March,…
Read more >GKI Analysis: Why are food prices constantly rising?
In recent times, the rise in the prices of basic…
Read more >KSH: industrial production decreased by 3.9 percent in January
In January 2025, the volume of industrial production fell by…
Read more >Related news
OKSZ: margin is not profit!
The international food retailer member companies of the National Trade…
Read more >Viktor Orbán on Kossuth Radio: traders cannot add more than 10 percent to the purchase price
Traders cannot add more than 10 percent to the purchase…
Read more >Margin freeze versus VAT reduction: a solution to inflation or a field for political debate?
The government has been implementing a margin freeze since mid-March,…
Read more >