Harmonised Index of Consumer Prices down in September
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In September 2010, the Harmonised Index of Consumer Prices went down by 0.7 per cent over the previous month. This primarily reflected a decrease of 6.7 per cent in the Restaurants and Hotels Index, due to seasonally cheaper accommodation services. A downward movement in airfares caused the Transport Index to go down by 1.3 per cent. The Communication Index registered a drop of 0.4 per cent, due to lower prices of mobile phones. Lower fees for certain financial services resulted in a decline of 0.3 per cent in the Miscellaneous Goods and Services Index.
The Clothing and Footwear Index went up by 9.9 per cent on account of seasonal increases in the prices of garments. A rise in the price of vegetables caused the Food and Non-alcoholic Beverages Index to go up by 1.7 per cent. The Furniture, Household Equipment and Routine Maintenance of the House Index went up by 0.7 per cent, due to an increase in the prices of furniture and furnishings. Higher prices for gas caused the Housing, Water, Electricity, Gas and Other Fuels Index to go up by 0.1 per cent. A similar rise was recorded in the Recreation and Culture Index, mainly on account of higher-priced package holidays.
InSeptember, the twelve-month moving average rate of inflation stood at 1.2 per cent, whereas the annual rate of inflation stood at 2.4 per cent.


























