Insider
The Consumer Price Index in January 2022 decreased by 0.53 points and reached 104.57 points compared to 105.10 points in December 2021. Inflation in January 2022 increased at a rate of 5.4% .
(Table 1)
|
Table 1 |
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|
Categories of Goods and Services |
CPI (2015 = 100) |
Changes (%) |
||
|
December 2021 |
January 2022 |
Jan 22 / Jan 21 |
Jan 22 / Dec 21 |
|
|
Food and non-alcoholic beverages |
100.45 |
102.83 |
3.52 |
2.37 |
|
Alcoholic Beverages and Tobacco |
97.50 |
98.18 |
0.61 |
0.70 |
|
Clothing and Footwear |
107.63 |
93.95 |
3.66 |
-12.71 |
|
Housing, Water Supply, Electricity and LPG |
121.36 |
121.03 |
14.05 |
-0.27 |
|
Furniture, Home Appliances and Cleaning Products |
97.35 |
96.59 |
1.92 |
-0.78 |
|
Health |
103.15 |
103.17 |
0.90 |
0.02 |
|
Transportation |
107.08 |
106.74 |
13.29 |
-0.32 |
|
Communications |
94.09 |
93.70 |
2.40 |
-0.41 |
|
Leisure and Culture |
103.86 |
104,11 |
2.17 |
0.24 |
|
Education |
107.36 |
107.36 |
0.56 |
0.00 |
|
Restaurants and Hotels |
108.11 |
109.02 |
3.62 |
0.84 |
|
Other Goods and Services |
101.47 |
101.93 |
1.32 |
0.45 |
|
General Consumer Price Index |
105,10 |
104.57 |
5.40 |
-0.50 |
The biggest changes in the economic categories compared to January 2021 were recorded in Electricity with a percentage of 26.3% and in Petroleum with a percentage of 25.3%. Compared to the previous month, the biggest change was presented in Agricultural Products with a percentage of 4.3%. (Table 2)
|
Table 2 |
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|
Economic Categories |
Weights |
Changes (%) |
|
|
Jan 22 / Jan 21 |
Jan 22 / Dec 21 |
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|
Argicultural products |
655 |
7.20 |
4.33 |
|
Industrial Products (excluding Petroleum Products) |
4195 |
2.53 |
-1.97 |
|
Electricity |
319 |
26.34 |
-2.07 |
|
Petroleum products |
550 |
25.28 |
-0.04 |
|
Water |
57 |
0.00 |
0.00 |
|
Services |
4224 |
2.43 |
0.05 |
|
General Index |
10000 |
5.40 |
-0.50 |
Analysis of percentage changes
Compared to January 2021, the largest changes were observed in the categories Housing, Water Supply, Electricity and LPG (14.1%) and Transport (13.3%). (Table 1)
Compared to December 2021, the largest negative change was recorded in the category Clothing and Footwear (-12.7%). (Table 1)
Impact analysis in units
The biggest impact on the change of the CPI of January 2022 compared to January 2021 had the categories Transport (1.91) and Housing, Water, Electricity and LPG (1.67). (Table 3)
|
Table 3 |
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|
Categories of Goods and Services |
Weights |
Impact (units) |
|
|
Jan 22 / Jan 21 |
Jan 22 / Dec 21 |
||
|
Food and non-alcoholic beverages |
1906 |
0.67 |
0.45 |
|
Alcoholic Beverages and Tobacco |
347 |
0.02 |
0.02 |
|
Clothing and Footwear |
721 |
0.24 |
-0.99 |
|
Housing, Water Supply, Electricity and LPG |
1119 |
1.67 |
-0.04 |
|
Furniture, Home Appliances and Cleaning Products |
644 |
0.12 |
-0.05 |
|
Health |
637 |
0.06 |
0.00 |
|
Transportation |
1524 |
1.91 |
-0.05 |
|
Communications |
439 |
0.10 |
-0.02 |
|
Leisure and Culture |
575 |
0.13 |
0.01 |
|
Education |
392 |
0.02 |
0.00 |
|
Restaurants and Hotels |
836 |
0.32 |
0.08 |
|
Other Goods and Services |
860 |
0.11 |
0.04 |
|
General Consumer Price Index |
10000 |
5.36 |
-0.53 |
|
Note: The sums are calculated based on the individual effects with infinite decimals and are published by rounding two decimals. Possible differences in sums are due to a rounding error. |
The biggest negative impact on the change of the CPI compared to the previous month had the category Clothing and Footwear (-0.99). (Table 3)
The largest impact on the change in the CPI of January 2022 compared to the index of January 2021 had petroleum products (1.83) and electricity (0.88). (Table 4)
|
Table 4 |
|
|
Products / Services |
Impact (units) |
|
Jan 22 / Jan 21 |
|
|
Positive effect |
|
|
Petroleum products |
1.83 |
|
Electricity |
0.88 |
|
Catering services |
0.32 |
|
Regular home maintenance services |
0.28 |
|
Buying cars |
0.23 |
|
Fresh vegetables |
0.19 |
|
Clothing items |
0.13 |
|
LPG |
0.13 |
|
Footwear |
0.11 |
|
Fresh fruits |
0.11 |
|
Various other products and services |
1.15 |
|
Grand total |
5.36 |
Finally, clothing (-0.67) and footwear (-0.32) had the largest negative impact on the change in the CPI of January 2022 compared to the corresponding index of the previous month. (Table 5)
|
Table 5 |
|
|
Products / Services |
Impact (units) |
|
Jan 22 / Dec 21 |
|
|
Positive effect |
|
|
Fresh vegetables |
0.25 |
|
Various other products and services |
0.21 |
|
Negative effect |
|
|
Clothing items |
-0.67 |
|
Footwear |
-0.32 |
|
Grand total |
-0.53 |
