Year-on-year, energy cost (total) decreased by 5.0 percent, following a 5.9 percent drop in the preceding month. Prices were down for: heating oil (-16.7 percent), motor fuels (-6.3 percent), gas (-1.4 percent) and electricity (-0.9 percent). In contrast, prices of solid fuels increased by 2.3 percent.
Cost of food and non-alcoholic beverages increased by 1.4 percent, (including food +1.4 percent), after registering a 1.2 percent rise in April. Prices rose markedly for vegetables (+9.0 percent) and fruits (+5.6 percent). Prices rose also for confectionery (+3.5 percent), fish and fish products (+2.0 percent) and bread and cereals (+1.4 percent). Prices were markedly down for dairy products (–4.8 percent) and for edible fats and oils (–4.2 percent).
Cost of goods as a whole fell by 0.3 percent in May while cost of services increased by 1.2 percent. Among goods, lower prices were recorded for consumer electronics (-5.4 percent) and information processing equipment (–3.2 percent). Consumers had to pay higher prices than a year earlier, for coffee, tea and cocoa (+11.3 percent), newspapers and periodicals (+5.9 percent) and tobacco products (+3.6 percent). Among services, higher cost were seen for net rents exclusive of heating expenses (+1.2 percent), passenger transport (of which taxi ride +12.6 percent), hairdresser services and other services for personal care (+3.3 percent) and catering services in restaurants, cafes and the like (+3.0 percent). In contrast, cost declined for telecommunication services (-1.3 percent).
On a monthly basis, consumer prices rose 0.1 percent in May. Prices increases were seen for energy (+0.3 percent, including heating oil +3.7 percent) and motor fuels +4.2 percent, including supergrade petrol +4.8 percent, diesel fuel +3.4 percent); housing, water, electricity, gas and other fuels (+0.1 percent); transport (+0.7 percent, including and motor fuels +2.3 percent, including supergrade petrol and diesel fuel +2.4 percent respectively); recreation and culture (+0.4 percent); miscellaneous goods and services (+0.3 percent); restaurant and hotels (+0.2 percent) and education (+0.1 percent). In contrast, prices were down for: vegetables (-0.8 percent); clothing and footwear (-2.0 percent) and communication (-0.1 percent).
The harmonized index of consumer prices (HICP) increased by 0.7 percent in May of 2015 over the same month last year. Compared with the previous month, the index was up 0.1 percent.