Rapid Increase in Inflation Rates Reaches 2.1%
Hey there! Let's dive into the latest economic news. Last month, the core inflation indicator, not including food and energy products with volatile prices, saw a 2.1% increase, up from 1.9% in March.
On the energy front, things took a different turn. The index for energy products dropped to -0.1% (previously at 0.1% in March 2025), while the index for fresh food products saw an uptick to 3.3% (compared to 2.8% in March).
Now, here's where it gets interesting. The energy index decrease was primarily due to a drop in gas prices, but increases in natural gas and electricity costs led to an overall energy cost hike.
On the flip side, a slight decline in grocery prices caused the fresh food index to rise. However, egg prices, which were heavily influenced by the ongoing bird flu, remained sky-high—up by a whopping 79% compared to the same time last year.
So, what does this means for us consumers? Well, while energy prices seem to be taking a breather, fresh food prices are on the rise, particularly for eggs. Keep an eye on those grocery bills!
In light of these economic changes, it's crucial to pay close attention to the finance sector, given the surge in fresh food prices, especially for eggs, and the fluctuating energy prices. Thus, monitoring the impact on household expenditure is essential.