Inflation as measured by the HICP down slightly in September

Email item Email item Print item Print item

Inflation as measured by the HICP down slightly in Septemberslightly in JulyThe annual rate of inflation as measured by the Harmonised Index of Consumer Prices was 4.9% in September, down from 5.0% in August, the National Statistics Office said today.

The data shows that the highest annual inflation rates in September was once again measured in the Food and non-alcoholic beverages Index (+1.68 percentage points), while the largest downward impact was recorded in the Communication Index (-0.32 percentage points).

The largest upward impact on annual inflation in September was registered in the Food and non-alcoholic beverages Index (+1.68 percentage points), largely due to higher prices of bakery products.

The second and third largest impacts were measured in the Restaurants and hotels Index (+1.28 percentage points) and the Housing, water, electricity, gas and other fuels Index (+0.70 percentage points), mainly on account of higher prices of restaurant services and rents, respectively.

The 12-month moving average rate for September stood at 6.4 per cent.

File photo

  • Permalink: Inflation as measured by the HICP down slightly in September
  • You may also like...

    Leave a Reply

    Your email address will not be published. Required fields are marked *