Higher take-away prices help push up inflation as measured by the RPI

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Higher priced take-aways help drive up inflationThe latest data from the National Statistics Office show that in September, the annual rate of inflation as measured by the Retail Price Index (RPI) was 4.1%, up from 4.0% in August.

The largest upward impact on annual inflation was measured in the Food Index (+1.89 percentage points). The NSO noted that this was mainly due to higher take-away prices.

The largest downward impact was recorded in the Transport and communication Index (-0.45 percentage points). This was mainly reflecting lower prices of land transport services, the NSO said.

The 12-month moving average rate for September stood at 6.0%.

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