Published on: 8 December 2020

Prices were cut by 0.2% compared to October and were up by 2.7% compared to the same period of the previous year

The annual rate of increase of consumer prices slowed down to 2.7% in November 2020. The lower price dynamics were mostly due to lower annual price rises of services than in October as well as to the price decrease of motor fuels. In one month, compared to October, consumer prices lessened by 0.2% on average.

In 12 months, compared to November 2019:

Food prices went up by 6.2%, within which the price of seasonal food items (potatoes, fresh vegetables and fresh domestic and tropical fruits together) became 14.4%, that of other meat preparations 12.6%, edible oil prices 11.5%, the price of flour 10.5%, sugar prices 10.4% and the price of meals at canteens 9.7% higher. Alcoholic beverages and tobacco became an average 6.6%, within which tobacco 10.1% more expensive. Consumers paid 1.9% more for services and 7.6% less for motor fuels.

In one month, compared to October 2020:

Consumer prices lessened by 0.2% on average. Food prices were up by 0.1%, within which edible oil cost 4.0%, eggs 2.6%, rolls 1.6% and seasonal food items (potatoes, fresh vegetables and fruits) 0.9% more, while pork 2.2%, salami, sausages and ham 1.9% and coffee 1.5% less for consumers. Alcoholic beverages and tobacco prices increased by 0.4% on average, within which tobacco prices by 0.7%. The price of services was reduced by 0.6%, within which – as an effect of public parking being made free – motorway toll and the charges for renting a car and parking went down by 22.9%. Consumers paid 3.2% less for motor fuels.

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

Consumer prices were up by 3.4% for all households on average and by 3.9% among pensioner households.

Consumer price indices, November 2020

(%)

Denomination Previous month = 100.0 Corresponding month of previous year = 100.0
Consumer price index99.8102.7
Harmonised index of consumer prices99.8102.8
Core inflation (original, seasonally unadjusted)a)100.2103.9
Consumer price index for pensioners99.9103.2

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