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Harmonized indices of consumer prices in June 2021
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Harmonized indices of consumer prices in June 2021

Last update: 16.07.2021
Ilustratívny obrázok/Illustrative image
Publisher: Headquarters Bratislava
Topic: Makroekonomické štatistiky
Domain: Spotrebiteľské ceny a ceny produkčných štatistík
Publish Date: 16.07.2021

In June 2021, annual inflation rate, comparing the price level of the harmonized index of consumer prices (HICP) in June 2021 compared with June 2020, increased to 2.5 %.  In May 2021, its value was 2 %.

The average HICP annual inflation rate (expressed as the change in the average harmonized index of consumer prices over the last 12 months from the average of the previous 12 months) was 1.6 % in June 2021.

Month-on-month HICP inflation reached 0.4 % in June 2021. Prices increased in the following branches of the COICOP classification: Food and non-alcoholic beverages (positive contribution of 0.14 percentage point to 0.4 % month-on-month inflation), Restaurants and hotels (positive contribution of 0.06 p.p.), Recreation and culture (positive contribution of 0.05 p.p.), Housing, water, electricity, gas and other fuels (positive contribution 0.03 p.p.), Furniture, household equipment and routine household maintenance (positive contribution 0.03 p. p.), Clothing and footwear (positive contribution 0.02 p.p.), Health (positive contribution 0.01 p.p.), Transport (positive contribution 0.01 p.p.), Miscellaneous goods and services (positive contribution 0.01 p.p.).

Data on Harmonized Indices of Consumer Prices (HICP) are published on the day of their publication by Eurostat; usually a few days after the national CPI inflation. This is inflation according to the uniform EU methodology in order to ensure the mutual comparability of consumer price indices between countries. Consumer baskets differ in part. The HICP, unlike the CPI, does not include the components "Imputed rents" and selected items related to major repairs and household maintenance, which results in certain differences in the weights of the components.

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