Where are the biggest appreciations recorded?
He remained unchanged inflation in November this year, as its rate was 2.4%, the same as in October, and against an increase of 3% in November 2023. It is typical that the large price increases, although they continue at a lower rate in food items, are now “embracing”, among others, clothing, footwear, health and health insurance premiums, house rents, electricity, holiday package, air passenger transportation, hotels and vehicle insurance premiums.
In particular, in one year the following price increases were recorded: Bread (0.8%), Cereals for breakfast (5.6%), Veal (4.1%), Fresh fish (3.1%), Olive oil (6.4 %), Dried fruits and nuts (6.2%), Vegetables – general (4.3%), Sugar – chocolates – sweets – ice creams (2.8%), Mineral water – soft drinks – juices fruit (4.5%) and Alcoholic beverages-not served (1.7%).
Also in: Clothing and Footwear (7.2%), House Rentals (7.5%), Home Repair and Maintenance (3.6%), Electricity (7%), Clothing and Footwear (7.2%), Residential rentals (7.5%), Home repair and maintenance (3.6%), Furniture and decorative items (3.7%), Household appliances and repairs (1.9%), Household services (5.2%) , Pharmaceutical products (4.5%), Medical products (3.6%), Medical-dental and paramedical services (1.8%), Hospital care (4%), New cars (2.9%), Maintenance and repair of personal equipment Transportation (3.2%), Air Passenger Transportation (34.9%), Telephone Services (1.8%), Information Processing Equipment (5.6%), Small Recreational Items-Flowers-Pets (2.5 %), Entertainment and cultural services (2.2%), Newspapers-books and stationery (3%), Package holidays (7.7%), Preschool and primary education (2.1%), Secondary education (3.1%), Restaurants -patisseries-cafes-canteens (5.7%), Hotels-motels-inns (11.9%), Hairdressers and personal care shops (4.7%), ‘Other personal items (5.9%), Social Protection Services (5.9%), Health Insurance Premiums (14%) and Vehicle Insurance Premiums (5.6%).
Conversely, prices fell to: ‘Other bakery and confectionery products (2.3%), Pizzas and pies (5.1%), Pasta (10.1%), Poultry (1.9%), Dairy and eggs (3.4%),’ Other edible oils (8.5%), Fresh fruits (1.7%), Heating oil (13.4%), Solid fuels (4%), Household items for immediate consumption (5.5%), Used Cars (3.4%), Fuels and Lubricants (5.3%), Audio and Video Processing Equipment (6%), Leisure and Cultural Durables (2.8%) and ‘Others’ personal care items (3.7%).
According to ELSTAT, the increase in the general consumer price index by 2.4% in November was mainly due to changes in the following groups of goods and services:
1. From the increases of the indicators by:
*0.6% in the “Food and non-alcoholic beverages” group, due to price increases mainly in: bread, breakfast cereals, beef, fresh fish, olive oil, dried fruits and nuts, vegetables (general), sugar – chocolates – sweets – ice creams, mineral water – soft drinks – fruit juices. Part of this increase was offset by a decrease in prices mainly in: other bakery and confectionery products, pizzas and pies, pasta, poultry, dairy and eggs, other edible oils, fresh fruit.
*1% in the “Alcoholic beverages and tobacco” group, due mainly to an increase in prices of alcoholic beverages (not served).
*7.2% in the “Clothing and footwear” group, due to price increases in clothing and footwear.
*2.1% in the “Housing” group, due to price increases mainly in: house rents, house repair and maintenance, electricity. Part of this increase was compensated by the decrease in prices mainly in: heating oil, solid fuels.
*3.6% in the “Health” group, mainly due to price increases in: pharmaceutical products, medical products, medical-dental and paramedical services, hospital care.
*1.7% in the “Transportation” group, due to price increases mainly in: new cars, maintenance and repair of personal transport equipment, air passenger tickets. Part of this increase was offset by the decrease in prices mainly in: used cars, fuel and lubricants.
*1.6% in the “Communications” group, mainly due to an increase in the prices of telephone services.
*1.4% in the “Recreation-Cultural activities” group, due to price increases mainly in: information processing equipment, small leisure items – flowers – pets, entertainment and cultural services, newspapers – books and stationery, package holidays. Part of this increase was offset by a decrease in prices mainly in: audio and video processing equipment, leisure and cultural durables.
*2.6% in the “Education” group, mainly due to price increases in: preschool and primary education fees, secondary education fees.
*6% in the “Hotels-Cafes-Restaurants” group, mainly due to price increases in: restaurants-patisseries-cafes-canteens, hotels-motels-inns.
*2.2% in the “Other goods and services” group, due mainly to price increases in: hairdressers and personal care stores, other personal items, social protection services, health insurance premiums, vehicle insurance premiums. Part of this increase was offset by the decrease in prices mainly in other types of personal care.
2. From the reductions of the indicators by:
*0.1% in the “Durable goods – Household items and services” group, due to a decrease in prices mainly in items of immediate household consumption. Part of this decrease was offset by the increase in prices mainly in: furniture and decorative items, household appliances and repairs, household services.
At the same time, the general index showed a decrease of 0.4% in November 2024 compared to October 2024, against a decrease of 0.4% also recorded during the corresponding comparison of the previous year.
As for the harmonized inflation, it showed an increase of 3% in November this year compared to the corresponding index of November 2023, against an increase of 2.9% recorded during the corresponding comparison of 2023 to 2022. Between November and October, the harmonized index showed a decrease of 1.2%, against a decrease of 1.1% recorded during the corresponding comparison of the previous year.
