The national consumer index for November 2021, calculated by Statec climbed by 0.7% compared to the previous month. The majority of this increase is accredited to the rise of petrol-based products, which rose by 6.4%, while non-petrol based products saw an increase of 0.3%. High prices within international markets for the acquisition of oil and gas are blamed for the rise. Petrol-based products are 60% dearer than they were a year ago.

The cost for heating oil became more significant (3%), as well as the consumer price for gas (16.7%) compared to October. Petrol stations have seen an price increase of 2.5% per 1 litre of diesel and 5.2% for the equivalent in petrol. Compared to the same time last year, there has been a 101.8% increase in the price of heating oil.

Food and drink products were up 0.4% from the month before, with flour (3.5%), fresh fish (2.2%) and bread (2%) rising the most. However, there was a decrease in sea food (3.9%), potatoes (1.9%) dried meats (0.8%) both dried and smoked. Non-alcoholic drinks fell by 0.3% with water down by 2.3%. Overall, there has been a 1.4% rise for food and drink produce from last year.

Due to promotions on home appliance such as, washing machines, tumble dryers and dishwashers, their price diminished (1.9%) from the previous month. Televisions on the other hand went up 2.4% on a monthly comparison

For services, fees for creches rose by 2.1% from October. There has been a visible impact on the general increase for November by hairdressers and beauty salons (0.5%).  Yet, the cost of package holidays tumbled by 5.6%. Plane tickets, however, have risen by 3.8% from October, and more than 25% from November 2020.

The annual rate of inflation is at 4.5% compared to 3.6%, one month earlier.