Consumer prices and tariffs up by 1.4% in October – Statistics Committee

In October 2020, the average level of consumer prices and tariffs for the month increased by 1.4%, the State Statistics Committee reports.

In January-October 2020, prices and tariffs in the consumer market increased by an average of 7.8%. The increase in the consolidated consumer price index for October in annual terms was 11.5%.

Food products in October this year rose on average by 2.3%, non-food products – by 0.8%, services – by 0.7%. In October 2019, food products became more expensive by 2.8%, non-food products – by 0.7%, services – by 0.4%.

In general, in January-October 2020, the level of prices for food products increased by 10%, non-food products – by 6.9%, services – by 5.2%.

In October this year, the most significant price increases were recorded for eggs (17.7%), oil and fats (9.5%), fruits and vegetables (3.2%), as well as for sugar, tea and other food products (2.3%). Dairy products for the month increased in price by 0.9%, meat, poultry and fish, alcoholic beverages – by 0.7%, bakery products – by 0.5%. Prices in the public catering sector in October rose by 1.3%.

Compared to the end of 2019, the most significant price increases were recorded for eggs (34.3%), oil and fats (20.2%), meat, poultry and fish (15%), as well as bakery products (13.7%). Sugar, tea and other food products have become more expensive over the past ten months by 8.6%, dairy products – by 8.4%, alcoholic and non-alcoholic drinks – by 5.6% and 3.2%. Fruits, vegetables and potatoes became cheaper by 3.3% compared to the end of last year. Prices in public catering have increased over this period by 10.4%.