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Development of consumer prices in October 2021
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Development of consumer prices in October 2021

Last update: 15.11.2021
Ilustratívny obrázok/Illustrative image
Publisher: Headquarters Bratislava
Topic: Macroeconomic statistics
Domain: Consumer prices and prices of production statistics
Publish Date: 12.11.2021

Consumer prices increased by 0.6 % in total in October, compared to September; they rose by 5.1 % compared to October 2020.

Prices increased in the division of transport (fuels), housing, water, electricity, gas and other fuels (rentals for housing, maintenance and repairs of the dwelling), recreation and culture, restaurants and hotels, miscellaneous goods and services (social services, personal care). Compared to October last year, prices of fuels, imputed rentals of owner-occupiers, food, maintenance and repairs of the dwelling, alcoholic beverages, furniture and furnishings, clothing and footwear, recreation and culture, catering services, social services increased.

Development of consumer prises (inflation in %) - Graph

Development of consumer prices in October compared to September

Month-on-month, prices rose in the division of transport by 2 %; clothing and footwear by 1.1 %; housing, water, electricity, gas and other fuels by 0.9 %; recreation and culture by 0.7 %; furniture, furnishings and routine household maintenance; restaurants and hotels; miscellaneous goods and services equally by 0.6 %; education by 0.4 %; health care by 0.2 %; food and non-alcoholic beverages; alcoholic beverages and tobacco equally by 0.1 %. Prices of communications decreased by 0.2 %.

An increase in prices of transport was caused by higher prices of operation of personal transport equipment by 3.6 % (fuels and lubricants for personal transport equipment by 4.6 %, spare parts and accessories by 1.2 %, maintenance and repairs by 0.4 %, other services related to personal transport equipment by 0.3 %). Prices of transport services decreased by 1.1 %; purchase of transport equipment by 0.2 % (prices of motor vehicles decreased by 0.3 %, prices of bicycles increased by 1 %).

A rise in prices in the division of clothing and footwear was influenced by higher prices of footwear by 1.2 %; clothing by 1.1 %.

Higher prices in the division of housing, water, electricity, gas and other fuels were affected by an increase in prices of services for the maintenance and repair of the dwelling by 2.5 %; imputed rentals of owner-occupiers; solid fuels equally by 1.6 %; materials for maintenance and repair of the dwelling by 1.1 %; actual rentals for dwelling by 0.9 %; other services related to the dwelling by 0.8 %.

An increase in prices in the division of recreation and culture was influenced by higher prices of newspapers, books and stationery by 1.3 %; other recreational items and equipment, gardens and pets by 1 %; audiovisual and photographic technology by 0.8 %; other major durables for recreation and culture by 0.6 %; recreational services and culture by 0.1 %. Prices of package holidays fell by 0.5 %.

A rise in prices in the division of furniture, furnishings and routine household maintenance was influenced by higher prices of household textiles by 1.8 %; tools and equipment for house and garden by 0.9 %; glassware, tableware and household utensils by 0.6 %; furniture, furnishings, carpets and other floor coverings; goods and services for routine household maintenance equally by 0.7 %; household appliances by 0.2 %.

An increase in prices in the division of restaurants and hotels was caused by higher prices of catering services by 0.7 % (payments for meals in canteens for pensioners by 1 %, in restaurants and cafés by 0.9 %, in canteens by 0.2 %); accommodation services by 0.1 %.

Higher prices in the division of miscellaneous goods and services were influenced by an increase in prices of social protection by 1 % (payment for social services by 2.1 %, payment for day care by 1.6 %, payment for the provision of care services by 0.4 %); personal care by 0.7 %; personal effects not elsewhere classified by 0.6 %.

A growth in prices in the division of education was influenced by higher prices of secondary education by 0.6 %; tertiary education by 0.5 %; pre-primary; primary education equally by 0.3 % (fee in kindergarten by 0.4 %, fee for school club for children by 0.2 %); education not definable by the level by 0.2 % (fee for language course by 0.5 %, fee in language school by 0.1 %).

An increase in prices in the division of health care was affected by higher prices of dental services by 0.9 %, other medical products by 0.5 %, pharmaceutical products, therapeutic appliances and equipment, services of secondary medical staff - spa treatment equally by 0.1 %.

A rise in food prices by 0.2 % was influenced by higher prices of oils and fats by 4.6 %, sugar, jam, honey, syrups, chocolate and confectionery by 2.4 %, bread and cereals by 1.1 %, milk, cheese and eggs by 0.7 %, fish, food products not elsewhere classified equally by 0.5 %; prices of fruit decreased by 5.7 %, meat by 0.3 %, vegetables (including potatoes) by 0.1 %. Prices of non-alcoholic beverages dropped by 1.8 % (mineral waters, non-alcoholic beverages and juices by 2.6 %, coffee, tea and cocoa by 0.6 %).

Higher prices in the division of alcoholic beverages and tobacco were caused by an increase in prices of alcoholic beverages by 0.2 % (prices of wine increased by 2.1 %, prices of spirits decreased by 0.7 %, beer by 0.2 %).

Lower prices in the division of communications were due to a decrease in prices of telephone services by 0.2 %, prices of telephone equipment increased by 0.1 %.

In October, compared to September, the consumer price index increased in households of employees, households of pensioners, low-income households equally by 0.6 %.

Price development in October 2021 compared to October 2020

In year-on-year comparison, prices increased in the division of transport by 14 %; restaurants and hotels by 12.2 %; alcoholic beverages and tobacco by 8 %; communications by 6.4 %; education by 5.3 %; recreation and culture by 4.9 %; food and non-alcoholic beverages; furniture, furnishings and routine household maintenance equally by 3.9 %; housing, water, electricity, gas and other fuels by 3.5 %; miscellaneous goods and services by 2.6 %; clothing and footwear by 1.8 %; health care by 1.2 %.

In transport, prices of fuels and lubricants for personal transport equipment increased by 28.4 %, spare parts and accessories by 3.4 %, maintenance and repairs by 2.8 %, purchase of bicycles by 7.9 %, purchase of motor vehicles by 3.8 %, other services related to personal transport equipment by 4.2 %, road passenger transport by 3.7 %. Higher prices in the division of restaurants and hotels were influenced by a rise in prices of catering services by 13.1 %, in canteens by 33 %, in restaurants and in cafés by 5.5 %. In the division of alcoholic beverages and tobacco, prices of alcoholic beverages increased by 1.2 % (prices of spirits increased by 2.6 %, wines by 1.1 %, prices of beer decreased by 0.2 %); communications, prices of telephone equipment decreased by 0.4 %. In education, prices of pre-primary and primary education increased by 13.8 %, secondary education by 4.9 %, education not definable by the level by 4.4 %. In the division of recreation and culture, prices of newspapers, books and stationery were higher by 7.3 %, audiovisual and photographic technology by 4.8 %, other  recreational items and equipment, gardens and pets by 3.7 %, recreational services and culture by 3.4 %, package holidays by 3.3 %.

In food, prices of oils and fats increased by 11.9 %, vegetables by 10.3 %, fruits by 5.5 %, food products not elsewhere classified by 4.3 %, fish by 4.2 %, milk, cheese and eggs by 4 %, bread and cereals by 3.6 %, meat by 2.7 %. Prices of coffee, tea and cocoa increased by 0.6 %, prices of mineral waters, soft drinks and juices decreased by 0.1 %. In the division of furniture, furnishings and routine household maintenance, prices of furniture, furnishings, carpets and other floor coverings increased by 7.7 %, tools and implements for house and garden by 3.9 %, glassware, tableware and household utensils 3.4 %, household textiles by 3 %, household appliances by 2.7 %, goods and services for routine household maintenance by 1.5 %. In the division of housing, water, electricity, gas and other fuels, prices of imputed rentals of owner-occupiers increased by 11.3 %, maintenance and repair of the dwelling by 9.4 %, solid fuels by 4 %, other services related to the dwelling by 3.9 %, sewage collection by 2 %, actual rentals for the dwelling by 1 %, in the division of miscellaneous goods and services, prices of personal effects not elsewhere classified rose by 3.7 %, social protection by 3.4 %, personal care by 3.1 % financial services not elsewhere classified by 0.2 %. In division clothing and footwear, prices of clothing were higher by 2.2 %. In health care, prices of other medical products increased by 6 %, services of secondary medical staff - spa treatment by 5.6 %, dental services by 4.9 %, therapeutic appliances and equipment by 3.2 %, medical services by 1.3 %, pharmaceutical products by 0.3 %.

On average, in the first ten months of 2021, compared to the same period in 2020, consumer prices increased by 2.6 % in total.

In October 2021, the consumer price index increased, year-on-year, in households of employees by 5.2 %, households of pensioners and in low-income households equally by 4.9 %.

On average, in the first ten months of 2021, compared to the same period of 2020, the consumer price index increased in households of employees by 2.7 %, households of pensioners by 2.4 %, low-income households by 2.5 %.


Extending of available data:

The SO SR has currently extended the range of available data from price statistics in the DATAcube. database in part 2. Macroeconomic statistics / 2.3 Consumer prices and prices of production statistics. As for the consumer prices, data such as inflation by social groups of the population (for households of employees, pensioners, low-income households) are already available in time series. Current October data will be available on 30th November 2021.


Outputs of the INFLATION product line:

FIRST RELEASE - Development of consumer price indices (national inflation / CPI) always around the 13th to 15th day of the following month after the end of the reference period.
Current: Development of consumer price indices in October 2021 (reference period October 2021) today 12 November in the form of tables in DATAcube databases. and STATdat. and a text of the INFORMATIVE REPORT stored in the CATALOGUE OF INFORMATIVE REPORTS.

FIRST RELEASE - Harmonised Indices of Consumer Prices (HICP) for the EU, usually a few days after national CPI inflation. The HICP has a uniform methodology in the EU to ensure the comparability of consumer price indices of individual countries. baskets for the CPI and the HICP differ in part; the HICP, unlike the CPI, does not include the components "Imputed rents"; and selected items related to major household repairs and maintenance, resulting in some differences in the CPI and HICP weights.
Current: The information report HARMONISED INDICES OF CONSUMER PRICES IN OCTOBER 2021 will be published on 16 November 2021 and stored in the CATALOGUE OF INFORMATION REPORTS. The press report of Eurostat INFLATION IN THE EUROZONE will be released on 17 November at https://ec.europa.eu/eurostat/web/main/home

ELECTRONIC PUBLICATION - "CONSUMER PRICE INDICES IN THE SR", which also contains more detailed data on the topic, other indices and more detailed structures of price in-creases as well as consumer price (cost of living) indices for selected social groups - for employees' households; pensioners; for low-income households.
Current: Publication of CONSUMER PRICE INDICES IN THE SR No. 10 2021 will be published on 30 Nov 2021 in the CATALOGUE OF PUBLICATIONS

Data from this publication will be available in whole time series in the DATAcube. database at the date of publication in part 2.3.1 Consumer price indices (inflation).

Responsible person: Director of the Price Statistics Department Ing. Štefan Adamec


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