Inflation as measured by the HICP down slightly in September
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The 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.
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