The olive oil “fires”, the electricity “falls”. 2024-07-14 23:25:41

Also, despite the fact that the further rise in inflation in food and foodstuffs was limited to 2.1%, the appreciation in olive oil stands out once once more (54.8%). Also important are the revaluations:

  • in the transport of passengers by plane (19,7%),
  • in the holiday package (12,7%),
  • at hotels-motels-inns (12%),
  • at health insurance premiums (14%)
  • and in natural gas (13,1%).

In particular, in one year revaluations were recorded in:

  • meats-general (1.5%),
  • fresh fish (7.2%),
  • olive oil (54.8%),
  • frozen vegetables (6.5%),
  • sugar-chocolates-sweets-ice creams (3.6%),
  • coffee-cocoa-tea (1.7%),
  • mineral water-soft drinks-fruit juices (8.1%)
  • alcoholic beverages – not served (3.9%)

Also in clothing and footwear (4.6%), house rents (4.5%), home repair and maintenance (2.4%), natural gas (13.1%), heating oil (6.3%) , household services (2.5%), pharmaceuticals (1%), medical-dental and paramedical services (2.2%), hospital care (3.4%), new cars (1.2%), spare parts and automotive accessories (3%), fuel and lubricants (0.7%), maintenance and repair of personal transportation equipment (4.1%), air passenger transportation (19.7%), information processing equipment (5.2%) , small leisure items – flowers – pets (2.4%), entertainment and cultural services (1.5%), newspapers – books and stationery (2.4%), holiday package (12.7%), preschool and primary education (4%), secondary education (3.6%), tertiary education (2.8%), restaurants-patisseries-cafes-canteens (5.1%), hotels-motels-inns (12%), hair salons and personal care stores (3.8%), other personal items (2.7%), health insurance premiums (14%) and vehicle insurance premiums (5.6%).

Instead, prices fell in:

  • bread and cereals (0.6%),
  • dairy and eggs (1.4%),
  • other edible oils (11%),
  • fresh fruit (7.4%),
  • potatoes (5.7%),
  • other foods (2%),
  • municipal taxes (1.5%),
  • electricity (12.2%),
  • items of immediate household consumption (2.5%),
  • used cars (2.8%),
  • telephone services (0.7%),
  • audio and video processing equipment (6.3%)
  • personal care items (2.4%)

According to ELSTAT, the increase in the general consumer price index in June originale mainly from changes in the following groups of goods and services:

1. From the increases of the indices by:

– 2.1% in the group “Food and non-alcoholic beverages“, mainly due to an increase in prices, mainly in meat (in general), fresh fish, olive oil, frozen vegetables, sugar-chocolates-sweets-ice creams, coffee-cocoa-tea, mineral water-soft drinks-fruit juices. Part of this increase was offset by a decrease in prices, mainly in bread and cereals, dairy and eggs, other edible oils, fresh fruit, potatoes, other food.

– 1.8% in the “Alcoholic beverages and tobacco” group, due to price increases, mainly in alcoholic beverages (not served).

– 4.6% in the group “Clothing and footwear“, due to an increase in the prices of clothing and footwear.

– 2.2% in the group “Health“, mainly due to an increase in the prices of pharmaceutical products, medical-dental and paramedical services, hospital care.

– 3.2% in the group “Transportation“, due to price increases, mainly in new cars, car parts and accessories, fuel and lubricants, maintenance and repair of personal transport equipment, air passenger tickets. Part of this increase was offset by the decline, mainly, in used car prices.

– 1.8% in the group «Recreation-Cultural activities”, due to price increase mainly in information processing equipment, small leisure items-flowers-pets, entertainment and cultural services, newspapers-books and stationery, holiday package. Part of this increase was offset by a decrease in prices, mainly in audio and video processing equipment.

– 3.5% in the group «Education“, due to price increases, mainly in preschool and primary education fees, secondary education fees, and higher education fees.

– 5.3% in the group “Hotels-Cafes-Restaurants“, due to price increases, mainly in restaurants-patisseries-cafes-canteens, hotels-motels-inns.

– 2.2% in the group “Other goods and services“, due to price increases, mainly in hair salons and personal care stores, other personal items, health insurance premiums, vehicle insurance premiums. Part of this increase was offset by a decrease, mainly, in prices for other types of personal care.

2. From the reductions of indicators once morest:

– 0.4% in the group «Housing“, due to a reduction in prices, mainly in municipal fees, electricity. Part of this decrease was offset by the increase, mainly, in prices for house rents, house repair and maintenance, natural gas, heating oil.

– 0.4% in the group «Durable goods-Household goods and services“, due to a reduction in prices, mainly in items of immediate household consumption. Part of this decrease was compensated by the increase, mainly, in the prices of household services.

– 0.7% in the group «Communications“, due to a reduction in prices, mainly in telephone services.

Between June and May, this year, the general index showed an increase of 0.5%, compared to an increase of 0.6% recorded in the corresponding comparison of the previous year.

As for harmonized inflation, it increased by 2.5% in June this year, compared to an increase of 2.8% recorded in June 2023. At the same time, it showed an increase of 1% compared to May 2024, compared to an increase of 0.9% recorded in the corresponding comparison of the previous year.

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