ADVERTISEMENT

Consumer prices up 6.5% y.o.y. in October

Figures

Photo by Godlikeart / Shutterstock.com

Consumer prices were 6.5% higher on average in October 2021 than a year earlier according to data by the Central Statistical Office (KSH).

Compared to October 2020, food prices were up by 5.2%, within which the price of edible oil by 30.4%, that of margarine by 18.8%, flour prices by 12.5%, the price of canteen meals by 10.1%, that of poultry meat by 9.3%, rolls prices by 8.4%, the price of bread by 8.1% and that of both buffet products and restaurant meals by 7.9%.

Motor fuel prices became 30.7% and the price of household repair and maintenance goods 13.9% higher. 

Alcoholic beverages and tobacco prices rose by 11.3% on average, within which tobacco prices by 17.6%.

Consumers paid 5.4% more for consumer durables, within which 12.7% more for kitchen and other furniture, 12.5% more for living and dining room furniture, 10.8% more for jewelry and 6.9% more for new passenger cars.

 Services charges were up by 3.7%, within which the repair and maintenance of dwellings cost 13.8% and the repair and maintenance of vehicles 8.4% more for consumers.

Prices rise 1.1% compared to September

Consumer prices increased by 1.1% on average compared to September 2021. 

Food prices became 0.7% higher. Within food, flour cost 6.9%, pasta products 3.6%, both bread and coffee 3.1%, chocolate and cocoa 2.9%, margarine 2.6%, sugar 2.4%, cheese 2.1%, eggs 1.5% and rolls 1.3% more, while seasonal food items 2.0% less for consumers.

The price of motor fuels was up by 7.3%. Clothing and footwear prices rose by 1.5% owing to seasonal changes. Consumer durables became 0.7%, within which second-hand passenger cars 1.8% and kitchen and other furniture 1.1% more expensive.

Compared to January-October 2020, consumer prices rose by 4.6% for all households in the first 10 months of the year. Among pensioner households, the rate of increase stood at 4.2%.

ADVERTISEMENT

Rate-setters augur slower decline in CPI in 2022 Analysis

Rate-setters augur slower decline in CPI in 2022

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

Magyar Bankholding chairman to serve as CEO as well Appointments

Magyar Bankholding chairman to serve as CEO as well

ITM, capital gov't agree on support for public transport City

ITM, capital gov't agree on support for public transport

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.