13.9 C
Nicosia
Saturday, April 13, 2024

Inflation hits Valentine's Day goods

Must read

Inflation hits Valentine’s Day goods

Florists Prepare Flowers For Valentine's Day Orders In Kentucky

    The data for January 2024, collected by CyStat, show an increase of 0.7% to 9.7% in the prices of basic products/services on this Valentine’s Day, compared to last year.

    According to CyStat, “Inflation is driving up prices on almost every item considered a staple of the day.”< /p>

    The largest increase at 9.7% is in jewelery prices, compared to January 2023, followed by hotel and motel prices with a 9.5% annual increase, prices in chocolates at 7.7% and hair salon prices at 6.3%.< /p>

    An increase of 5.7% is recorded in personal care treatments, 5.6% in restaurant and café prices, 5.2% in plants and flowers and a 3.8% increase in confectionery items.

    Smaller annual increases were registered for wine prices (2.1%), women's clothing (1.6%), men's clothing (1%) and watches (0.7%).

    Prices at cinemas, theaters and concerts dropped by 0.1% and prices of stationery by 3.4%.

    - Advertisement -AliExpress WW

    More articles

    - Advertisement -AliExpress WW

    Latest article