Consumer price index increased in May

This year the change of the consumer price index has remained around 11% compared to the corresponding month of the previous year, being the lowest in March (10.9%) and the highest in April (11.4%).

In May 2008 compared to May of the previous year, the prices of goods changed by 10.4%, of which the prices of food by 16.2% and the prices of manufactured goods by 5.9%. The prices of services increased 12.9% during the year. Regulated prices of goods and services changed by 20.5% and non-regulated prices by 8.7%. The index was mainly influenced by the price increase of food, by the increase in the expenditures on housing, as well as by the increase in the prices of motor fuel. As before, dairy-, cereal- and meat products gave more than two thirds of the price increase of food. The increase in the expenditures on housing was mainly influenced by the increase in the prices of heat energy.

On average, the prices of goods and services in May were 0.6% higher than in April.

The consumer price index was mainly influenced by the increase in the prices of motor fuel and food, of which fresh vegetables and cereal- and meat products gave more than a half.

Change of the consumer price index by commodity groups, May 2008