The increase in prices resumed in the first month of 2024, after the entry into force of the new tax package developed by the Government, which did not surprise anyone. Inflation rose to 7.4% year-on-year in January after falling to 6.6% in December

“At the beginning of next year, the annual inflation rate will increase – influenced by the increase and introduction of some fees and taxes, and significant risks to the inflation forecast arise from the increase in fees and taxes to accelerate the budget. consolidation,” the BNR stated back in November 2023.

That’s right, the inflation that matters is the personal inflation you experience every time you go shopping. It varies from the young to the elderly (different consumption habits) or from people with high incomes to those with low incomes.

It should also be said that the measure taken by Cholak regarding price restrictions is an “anesthesia” that, after its cancellation, may cause a repeated increase in prices, that is, new headaches for the BNR in the fight against price increases.

Despite the fact that inflation has been decreasing in recent months (that is, the rate of price increases of goods has slowed down), the population does not feel it, because the prices of most products in the daily basket are increasing.

It will be increasingly difficult to return the toothpaste to the tube

Below is a list of price increases since January (click image to enlarge)

Postal services, detergents, water and sewerage, and air tickets were the most expensive in January.