Prices of market services grew for the third quarter in a row

In the 3^rd quarter of 2022, prices of market services were higher by 5.7% year-on-year. Quarter-on-quarter prices in market services rose by 0.4%.

Compared to the corresponding period last year, prices in architectural and engineering activities recorded the most dynamic growth by 36.7%. Prices rose more significantly in publishing activities (by 31.1%), air transport (by 24.6%), travel agency and tour operator activities (by 17.8%) and in motion picture, video and television programme production (by 14.9%).

On the contrary, the most significant decline in prices was recorded in financial service activities except insurance (by 14.8%) compared to the corresponding period last year. Prices also decreased significantly in office administrative, office support and other business support services (by 8.0%) and employment activities (by 3.4%) year-on-year.

Quarter-on-quarter, i.e. compared to the 2nd quarter of 2022, prices increased mainly in publishing activities (by 21.3%) and air transport (by 14.8%). Prices in advertising and market research activities (by 11.4%) and in programming and broadcasting activities (by 9.6%) recorded the most significant quarter-on-quarter decrease.