April 20, 2023
Prices of goods and services for personal consumption, measured by consumer price index, in March 2023, as compared to February 2023, decreased by -0.7% on average. Consumer prices in March 2023, as compared to March 2022, increased by 10.5% on average. This was influenced mostly by increase in prices of: fuels and lubricants for personal transport equipment; shoes and other footwear; maintenance and repair of personal transport equipment; meat; restaurants, cafes and the like; garments; food products n.e.c.; solid fuels. Consumer prices in period January-March 2023 compared to the same period of previous year, were higher for 13.9% in average.
Observing the main groups by purpose of consumption, in March 2023 as compared to February 2023, monthly increase of prices was noticed in the following groups: Transport (2.0%); Clothing and footwear (1.7%); Furnishing, household equipment and routine household maintenance (0.5%); Health (0.4%); Recreation and culture (0.3%); Housing, water, electricity, gas and other fuels (0.2%), while decrease of prices was recorded in the following groups: Food and non-alcoholic beverages (-3.0%); Miscellaneous goods and services (-0.4%); Communication (-0.1%); Restaurants and hotels (-0.1%).
Prices of other products and services mostly remained unchanged.
Source: MONSTAT
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither Karen Audit nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
