In March 2021, the annual rate of change of the CPI was -1.6%.
The CPI in March 2022 compared with February 2022, increased by 2.7%. In March 2021, the monthly rate of change of the CPI was
1.2% .
The average CPI for the twelve - month period from April 2021 to March 2022, compared with the corresponding index for the period April 2020 to March 2021 increased by 3.5%. The annual rate of change of the average CPI between the twelve - month period April 2020 to March 2021 in comparison to the period April 2019 to March 2020 was -1.7%..
The 2.7% increase of the Overall CPI in March 2022, compared with the corresponding index in February 2022 is, mainly, due to the changes in the groups of goods and services as follows:
- 0.6% in the group Food and non-alcoholic beverages, due to the increase, mainly, in the prices of: bread, beef, lamb and goat, poultry, cheese, olive oil, potatoes. This increase was partly offset by the decrease, mainly, in the prices of: fresh fish, fresh vegetables.
- 0.3% in the group Alcoholic beverages and tobacco, due to the increase, mainly, in the prices of wines.
- 21.1% in the group Clothing and footwear, due to the recovery of part of prices up to normal levels as before the winter sales period.
- 4.2% in the group Housing, due to the increase, mainly, in the prices of: electricity, heating oil. This increase was partly offset by the decrease, mainly, in the prices of natural gas.
- 0.8% in the group Household equipment, due to the recovery of prices up to normal levels as before the winter sales period.
- 5.3% in the group Transport, due to the increase, mainly, in the prices of: new motorcars, fuels and lubricants, tickets for passenger transport by air, tickets for passenger transport by sea.
- 0.5% in the group Recreation and culture, due to the increase, mainly, in the prices of cinemas-theatres.
- 1.1% in the group Hotel-Cafés-Restaurants, due to the increase, mainly, in the prices of restaurants-confectioneries-cafes, hotels-motels-inns.
- 0.4% in the group Miscellaneous goods and services, due to the increase, mainly, in the prices of other appliances and articles for personal care.
