Published on: 8 July 2020

Prices increased by 2.9% in June

Consumer prices were 2.9% higher on average in June 2020 than a year earlier. Significant price increases were measured over the past year for food as well as alcoholic beverages and tobacco.

In 12 months, compared to June 2019:1

Food prices went up by 7.8%, within which the price of other meat preparations became 20.5%, that of seasonal food items (potatoes, fresh vegetables, and fresh domestic and tropical fruits together) 18.1%, pork prices 17.0%, the price of sugar 14.2% and salami, sausages and ham prices 10.8% higher. The price of alcoholic beverages and tobacco rose by 6.7% on average, within which tobacco prices by 11.1%. Motor fuel prices were cut by 11.6%.

In one month, compared to May 2020:

Consumer prices were up by 0.4% on average. Food prices decreased by 0.6%, within which seasonal food items (potatoes, fresh vegetables, and fresh domestic and tropical fruits together) became 3.2%, milk 1.7%, other meat preparations 1.4% and poultry meat 1.3% cheaper. Consumer durables and services both became 0.3% more expensive. As an impact of rising oil prices, motor fuels cost 9.3% more for consumers.

In January–June 2020 compared to the same period of the previous year:

Consumer prices increased by 3.4% on average.

Consumer price indices, June 2020

(%)

Denomination Previous month = 100.0 Corresponding month of previous year = 100.0
Consumer price index100.4102.9
Harmonised consumer price index100.4102.9
Core inflation (original, seasonally unadjusted)a)100.1104.0
Consumer price index for pensioners100.2103.6

a) Seasonally adjusted indices are available in Summary tables (STADAT), in Table 3.6.6.