Airplane Tickets Prices Up by 28.6% in December

Monthly inflation in December was 0.6%, while annual inflation was – 0.1%, reported the National Statistical Institute (NSI).
The most drastic increase in prices was registered with respect to airplane tickets – 28.6%. Against the background of a more pervasive presence of low-cost carriers, this can be explained with traditionally high demand before Christmas and New Year’s Eve.
The total increase in the prices of transport services was 1.9% in December.
The average annual inflation for the period January-December, compared to the previous 12 months remains negative – minus 0.8%.
In December, compared to November, prices of food and soft drinks rose by 0.9%, alcohol and cigarettes prices decreased by 0.1%, prices of clothes and shoes decreased by 0.9%, real estate, water, electricity, gas and other fuels prices went up by 0.1%.
Communications prices dropped by 1.1%.
Medicines prices decreased by 0.1%, compared to November.
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