Prices are rising more sharply. The inflation rate in July was 5%. Equalizing the result from May 2011 and at the same time reaching the highest level in almost 20 years. Fuel has been the main culprit lately, but service prices have been wrong throughout the year and those prices respond to tax increases.
- Inflation has not been as high as it was in July in ten years, and it was as high as it was 20 years ago
- First of all, services, including garbage collection, dentists and hairdressers, were more expensive
- When it comes to food, the so-called sugar tax has raised the prices of non-alcoholic beverages
- Poultry prices also rose sharply. Bird flu is to blame
- More such stories can be found on the homepage of Onet.pl
The Central Statistics Office confirmed on Friday Your initial accounts Inflation actually rose to as much as 5% in July. every year. The same bad data happened as recently as May 2011, and it was even worse in August 2001 when prices rose 5.1%. yyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy
In one month, prices rose 0.4%. According to information from the Polish Central Statistical Office (GUS), fuel prices had the biggest impact and added 0.27 points. Percentage up to 0.4 percent growth from June. Over the year, diesel oil rose by 28.7 percent, gasoline by 32 percent, and liquefied petroleum gas – by 20.7 percent. It’s a result High oil and gas prices in the world.
– 5% mBank Research analysts believe that mBank Research has not set a ceiling for inflation this year.
What affected the bad annual indicator the most? Commodity prices rose 4.6 percent. On an annual basis, services increased by 6.2 percent. As you can see, prices for services have gone up faster.
Here, garbage collection comes to the fore, which in July alone increased by “only” 0.9 percent compared to June, but year on year – By up to 23.1 percent However, the past year has seen sharp increases in these services, and their escalation is accusing the government and local governments of each other, and it must be admitted that there are reasons for both parties.
Sanitation services prices also rose, but the pace is lower than the general inflation rate and reached 4.7%. More expensive by 9.5 percent. current rdr The next increase in interest rates for households in January next year may be even more burdensome. more 5.3 percent from a year ago, we also have to pay for dental servicesBy 6.6% for hospital and sanatorium services, and by 5.9 percent. for medicine. Of course, this is not about NHF services. more At 5.7 percent we pay the hairstylist and beautician.
They are also getting more expensive Telecommunications services by 4.1 percent yys yys yys yys yys yys yys yys yyyyyyyyyyyyyyAlthough the increases will likely end, because prices have not risen since April. Previous price increases came on the heels of investments in expanding 5G network infrastructure and a planned auction of 5G frequencies. The operators are already preparing the funds. Although the network is already operating in major cities, the nationwide auction won’t start before the summer recess and is waiting for the House of Representatives to pass the law on the national cybersecurity regime. The initial auction price for each of the four frequency groups shall be 450 million PLN.
Finally, due to epidemic closures, prices for cultural services, such as cinema and theater, have risen sharply. In July, they fell 12.1 percent. More expensive than a year ago, which in July alone rose 1.1 percent. compared to June. Part of the annual increase falls to Subscribe to radio and TVwhich rose by 11.1%. yyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy
On the other hand, the financial services of banks, i.e. commissions, stopped growing. Banks have made up for their losses on record low interest rates last year, but recent data suggests results are on the interest margin (the difference in interest on loans and deposits) They are already back to pre-pandemic levels.
food. What is the most expensive?
However, the main expense in Paul’s portfolio is not services, but food. According to the inflation basket, we allocate up to 28% for it, including drinks. total expenses. Let’s take a look at what is more expensive.
Thus, food and beverage prices in aggregate increased by 3.1% in July. rdr, including much faster rates Beverages – Non-alcoholic beverages rose 6.2 percent. yyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy From the same food (+ 2.8% per year). This is a result of the sugar tax, which charges producers horrendous fees depending on how much sugar their drinks contain. Due to the sugar tax, the average price of a soft drink increased from PLN 3.43 to PLN 4.65 per liter..
Poultry meat also increased sharply – by as much as 22.6 percent. yyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy on bird flu, which led to the depletion of the herds in Poland in the first half of the year.
Beef prices have also risen (+4.6% year-on-year), while pork prices have fallen (-3.6%), which is far more important than beef in the Poles’ diet.
The highest price increases include: vegetable fats (+5.6% annually) and vegetables (+7.6%). There is no dryness, and the latter, however, is more expensive. As a consolation, we will announce that in July alone, they are down 3.6 percent compared to June.
What is the cost of vegetables? Data from the market in Bronisze indicates that white onions are currently 37.5 percent more expensive. On an annual basis, parsley by 71 percent, lettuce by 67 percent, baby celery by 33 percent, potatoes by 50 percent, and raspberry tomatoes by 11 percent. Carrots are 30% cheaper. On an annual basis and field option – at 25 percent yyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy bothy both?