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Thursday 2 February 2023 locAl
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Consumer Price Index, base period June 2019 - December 2022

The Central Bureau of Sta- During this month, four (4) prices of services showed effect of respectively, 1.74 sectors.
tistics presents the most of the twelve (12) sectors an increase of 1.0% and and 0.89 ppts. The increase
important findings for the registered decreases in had an influence of 0.39 in the “Transport” sector Change in prices of crude

Consumer Price Index prices. The decreases that ppts on the CPI of Decem- was mainly due to increas- oil, utilities, gasoline and
(CPI) for the month of De- had the greatest influence ber 2022. es in the categories “Pur- diesel
cember 2022. on the CPI were registered chase of vehicles” (21.3%) The average price per bar-
for the “Transport” (-2.2%) Core inflation and “Operation of per- rel of crude oil registered
Consumer Price Index for and “Household opera- The CPIC (core inflation) sonal transport equipment” an increase of US$ 5.39
the month of December tion” (-3.2%) sectors, which - CPI excluding the effect (6.2%), which contributed (7.5%) from US$ 71.41 in De-
2022 contributed with an effect of energy and food – was to an effect of 0.93 and cember 2021 to US$ 76.80
The CPI for December of -0.32 and -0.29 ppts, re- 3.0% in December 2022. 0.52 ppts, respectively. The in December 2022.

2022 is 106.37, a decrease spectively. The decreases The energy index - which increase in the “Food and The average price per bar-
of 0.1% compared to the in the remaining sectors consists of the products: non-alcoholic beverages” rel of the WTI crude oil (US$
index of November 2022 had an effect of -0.03 ppts electricity, water, gasoline sector was mainly due to 95.14) for the year 2022
(106.49). The percentage on the CPI of December and diesel – was 14.2%. an increase in the cate- shows an increase of US$

change of the CPI over 2022. The food index showed an gory “Food” (13.5%), which 27.36 (40.4%) compared to
the last twelve (12) months increase of 10.5%. contributed to an effect of the average price for the
(December 2021 to De- Aforementioned decreas- 1.31 ppts. The increase in year 2021 (US$ 67.78).
cember 2022) is 5.7, an in- es were partially offset Subsistence level the “Restaurants and ho- The energy index increased
crease of 2.1 percentage mainly by increasesin the The subsistence level for tels” sector was mainly due by 17.6% over the past
points (ppts) compared to indicesfor the “Recreation a household consisting of to an increase in the cate- 12 months. The indices of

the percentage change and culture” (2.2%) and two (2) adults and two (2) gory “Food and beverage “Gasoline” and “Diesel”
for the same period of last “Restaurants and hotels” children (aged 0-15 years) consumption outside the registered increases of re-
year (3.6%). sectors, causing an effect in December 2022 is Afl. home” (8.0%), which con- spectively, 5.2% and 29.0%
of 0.21 and 0.13 ppts. The 5,376, an increase of Afl. tributed to an effect of 0.36 over the last year, contrib-
The period average (last increases in the remaining 469 compared to Decem- ppts. uting together with an ef-
24 months) percentage sectors had an effect of 0.19 ber 2021 (Afl. 4,907). The fect of 0.35 ppts. The indices
change of the CPI for the ppts on the CPI of Decem- subsistence level for a sin- The decrease in the “Com- of “Electricty” and “water”

periods January 2021 to ber 2022. The decrease in gle adult household is Afl. munications” sector was registered increases of re-
December 2021 and Janu- the “Transport” sector was 2,560, an increase of Afl. 23 mainly due to a decrease spectively, 22.7% and 23.1%
ary 2022 to December 2022 mainly due to a decrease compared to December in the category “Tele- over the last year, contrib-
is 5.5%, an increase of 4.8 in the category “Opera- 2021 (Afl. 2,337). phone and telefax ser- uting together with an ef-
ppts compared to the pe- tion of personal transport vices” (-7.8%), which con- fect of 1.65 and 0.84 ppts,
riod average percentage equipment” (-3.8%), which Consumer Price Index tributed to an effect of respectively. The remaining
change over the periods contributed to an effect of Over the last 12 months, -0.63 ppts. The decrease 404 goods and services, as

January 2020 to December -0.33 ppts. The decrease in the CPI increased by 5.7%. in the “Household opera- a group, show an increase
2020 and January 2021 to the “Household operation” Nine (9) of the twelve (12) tion” sector was due to a of 3.4% and had an effect
December 2021 (0.7%). sector was mainly due to sectors registered increases decrease in the category of 2.89 ppts on the CPI.
an increase in the catego- in prices. The increases that “Household appliances”
ry “Household appliances” had the greatest influence (-9.4%), which contributed Change in prices of Food &
(-9.0%), which contributed on the CPI were registered to an effect of -0.25 ppts. catering services
to an effect of -0.23 ppts. for the “Housing” (12.1%), Over the last 12 months,
The increase in the “Rec- “Transport” (11.2%), “Food Consumption basket the “Food & catering ser-
reation and culture” sec- and non-alcoholic bever- Over the last year 64.0% of vices” increased by 11.7%.
tor was mainly due to an ages” (13.3%) and “Res- the products in the con- The “Food at home” in-

increase in the category taurants and hotels” (8.7%) sumtion basket had an in- dex showed an increase
“Holidays” (5.9%), which sectors, which contributed crease in price, causing an of 13.3%, where all of the
contributed to an effect of with an effect of 2.98, 1.48, effect of 7.81 ppts, while “Food at home” food
0.16 ppts. The increase in 1.45 and 0.40 ppts, respec- 24.8% showed a decrease, groups increased over the
the “Restaurants and ho- tively. The increases in the contributing to an effect of period. The “Milk, cheese
tels” sector was mainly due remaining sectors had an -2.08 ppts and the remain- and eggs” index increased
to an increase of 1.9% in effect of 0.42 ppts on the ing 11.3% had no change in by 17.3%, the largest in-
the category “Catering ser- CPI of December 2021 price. The prices of goods crease among the “Food
vices”, which contributed - December 2022. Afore- increased by 9.3% and at home” food groups. Fur-
to an effect of 0.08 ppts. mentioned increases were caused an influence of 5.34 thermore, other significant
partially offset by decreas- ppts. The prices of services increases were posted in

Consumption basket es in the indices for the showed an increase of the indices for “Potatoes
The consumption basket “Communications” (-8.1%) 0.9% and had an influence and other tubers” (15.6%),
of the CPI consists of 408 and “Household opera- of 0.39 ppts. “Meat” (15.3%), “Bread
goods and services. Com- tion” (-3.4%) sectors, caus- and cereals” (14.9%), “Oils
pared to November 2022, ing an effect of -0.68 and Subsistence level and fats” (14.3%), “Fish and

43.6% of these products -0.32 ppts, respectively. Over the last 12 months, other seafood” (13.6%),
had an increase in price, the subsistence level for “Non-alcoholic beverag-
causing an effect of 0.93 The increase in the “Hous- a household consisting of es” (11.6%), “Sugar, jam,
ppts, while 39.5% showed ing” sector was mainly due two (2) adults and two (2) honey and other confec-
a decrease, contributing to to increases in the catego- children (aged 0- 15 years) tionery” (10.5%) and “Veg-
an effect of -1.04 ppts and ries “Electricity, gas and registered an increase of etables” (10.4%).
the remaining 16.9% had other fuels” (23.0%) and Afl. 469. This increase was
no change in price. The “Water supply and miscel- mainly due to increases in The index for “Food away
prices of goods decreased laneous services relating the “Food and non-alco- from home” increased
by 0.8% and caused an in- to the dwelling” (19.0%), holic beverages” (Afl. 262) by 8.0% over the last 12
fluence of -0.50 ppts. The which contributed to an and “Housing” (Afl. 176) months.q