Above-average food price increase in May
Consumer prices were 3.9 percent higher in May 2019 than in May 2018. Food prices jumped 5.6 percent.
Seasonal product prices (potatoes, fresh fruits and vegetables) grew by 15.2 percent. Flour’s price augmented by 9.8 percent, but the price of eggs and milk dropped 6 percent. Alcoholic drink and tobacco product prices grew by 8.6 percent. In comparison with April 2019, consumer prices jumped 0.7 percent and groceries became 0.9 percent more expensive.//
Related news
Food prices rose at an accelerating rate in Germany
Inflation in Germany slowed down in June, according to the…
Read more >Food prices rose by 1.1 percent in Romania
Annual inflation in Romania fell to 4.9 percent in June,…
Read more >In Turkey, retail sales growth slowed in May on an annual basis
In Turkey, retail sales growth in May was 5.8 percent,…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >