The General Consumer Price Index (CPI base 100, 2017-2018) recorded in May 2021 an increase of 1.0%, which constitutes a small increase compared to the monthly variation of 0.9% of the month of April. On the other hand, compared to the strong accelerations of last year the CPI continues to decelerate year on year reaching an increase of 14.5% in May against 16.0% in April (latest data available).
The monthly increase observed in May 2021 is mainly the result of the behavior of the following consumption indices:
“Food products and non-alcoholic drinks”: (+ 1.0% over one month and 17.5% over one year);
“Articles of clothing and footwear” (1.5% over one month and 16.2% over one year);
“Furniture, household items and routine household maintenance” (1.4% over one month and 12.8% over one year);
“Health” (2.1% over one month and 23.0% over one year).
The products which recorded a more pronounced annual inflation are:
Food :
Rice on average (15.1%), meats (19.3%), herring on average (19.6%), powdered milk (21.1%), lemon (33.3%) and tomato (24.8%).
Clothing and footwear:
Dress (18.9%), suit, universal jacket (16.3%), shirt (16.4%) and pants for men (17.6%).
Furniture, household items and routine household maintenance:
Living room furniture (20.7%), dining room (26.0%), bed (28.5%), ordinary tablecloth (22.8%) and laundry soap (12.2%).
Health :
medicines (25.9%) and glasses with corrective lenses (20.7%).
It should be noted that the Consumer Price Index for local products has varied by 14.0% on an annual basis, against 15.4% for imported products.
Consumer Price Index for the whole country by consumption function:
General index: 14.5% over one year and + 1.0% over the month of May 2021
Food and non-alcoholic beverages: month + 1.0%, year + 17.5%
Alcoholic beverages and tobacco: month 0.3%, year + 4.8%
Clothing and footwear: month + 1.5%, year + 16.2%
