At 6.1% inflation in February from 7% in January. The consumer price index increased 0.3% on a monthly basis, compared with a 1.1% increase recorded in the corresponding comparison of the previous year.

Average inflation for the twelve months from March 2022 to February 2023 compared to the corresponding indicator for the twelve months from March 2021 to February 2022 showed an increase of 9.6% against an increase of 2.6% recorded under corresponding comparison for twelve months. from March 2021 to February 2022 with twelve months from March 2020 to February 2021

Monthly

The increase in inflation by 0.3% in February compared to January was mainly due to changes in the following groups of goods and services:

1. From an increase in indicators by:
• 1.5% in the Food and Non-Alcoholic Beverages group, mainly due to higher prices for: beef, pork, cheeses, olive oil, fresh fruits, fresh vegetables, frozen vegetables, coffee. Some of this growth was offset by lower prices, mainly for pasta and canned or processed vegetables.
• 0.7% in Durable Goods – Household Goods and Services, mainly due to higher prices for household items for direct consumption.
• 2.3% in the Health group, mainly due to higher prices for pharmaceutical products.
• 1.3% in the “Transport” group, mainly due to the growth in prices for: motor fuel (gasoline), air passenger tickets. Part of this increase was offset by lower prices, mainly for diesel fuel.
• 0.4% in the Hotels-Cafes-Restaurants group, mainly due to higher prices in restaurants-pastry-cafes. Some of this growth was offset by price cuts, mainly in hotels-motels-inns.
• 0.3% in the “Other goods and services” group, mainly due to price increases in: other personal care products, hairdressers and personal care stores.

2. From a decrease in performance by:
• 4.4% in the clothing and footwear group due to general winter sales.
• 2.0% in the Housing group, mainly due to lower prices for: natural gas, fuel oil. Part of this decline was offset by higher electricity prices.
• 0.4% in the Communications group, mainly due to lower prices for telephony services.

Annually

The increase in inflation by 6.1% in February compared to the corresponding month of 2022 was mainly due to changes in the following groups of goods and services:

1. From an increase in indicators by:
• 14.8% in the group Food and non-alcoholic beverages, due to price increases mainly for: bread and cereals, meat (in general), fish (in general), dairy products and eggs, oils and fats, vegetables (in in general), sugar-chocolate-sweet ice-cream, other products, coffee-cocoa-tea, mineral water soft drinks-fruit juices.
• 2.9% in the “Alcoholic drinks and tobacco products” group, mainly due to the increase in prices for alcoholic beverages (not served).
• 7.1% in the clothing and footwear group due to rising prices for clothing and footwear.
• 10.5% in the Durable Goods-Household goods and services group, due to price increases mainly for: household appliances and repairs, tableware and household utensils, household goods for direct consumption, household services.
• 5.3% in the Health group, mainly due to rising prices for: pharmaceutical products, medical products, medical, dental and paramedical services, inpatient treatment.
• 6.5% in the Transport group, mainly due to rising prices for: new cars, used cars, mopeds-motorcycles, auto parts and accessories, fuels and lubricants, maintenance and repair of personal vehicles, tickets for taxi passengers , transport tickets air passenger tickets, passenger ferry tickets.
• 3.5% in the Leisure-Cultural events group, due to price increases mainly for: small leisure goods-flowers-animals, cinemas-theatres, stationery and design materials, tour packages.
• 2.2% in the Education group, mainly due to higher prices for: primary education fees, secondary education fees.
• 8.1% in the Hotels-Cafes-Restaurants group, mainly due to price growth in restaurants-pastry-cafés, hotels, motels-hotels.
• 5.8% in the “Other goods and services” group, mainly due to price increases in: hairdressers and personal care stores, other personal hygiene items, other personal items, health insurance premiums.

2. From decreasing the index by:
• 4.9% in the Housing group, mainly due to lower prices for: electricity, fuel oil. Part of this growth was offset by rising prices mainly for: rental housing, home repairs and maintenance, utilities, natural gas, LPG, solid fuels.
• 1.6% in the Communications group, mainly due to lower prices for telephony services.