At the end of November 2023, on an annual average, prices increased by 7.5%, mainly due to the
food prices rose by 11.6%.
Compared to the previous month, household final consumer prices remained stable, after a 0.2% increase last month. This price stability is the result of opposing trends that have generally offset each other. The costs of the “housing, water, gas, electricity and other fuels” component and those of transport increased by 0.5% and 0.4% respectively. On the other hand, food prices fell by 0.4%. The increase in the costs of the “housing, water, gas, electricity and other fuels” component is largely due to the increase in actual rents as well as the costs of maintaining and repairing the housing. The fall in food prices is linked to the decline in the prices of bread and cereals, fish and seafood, oils and fats as well as vegetables. Meat prices are rebounding and fruit prices continue to rise. Compared to the same month in 2022, the general price level increased by 6.2% in November 2023, mainly due to the 8.4% increase in food prices and the 16.9% increase in transport costs.
