In April, the annual rate of inflation as measured by the Harmonised Index of Consumer Prices stood at 0.5 per cent. A year earlier the annual rate stood at 0.9 per cent, the National Statistics Office said today.

The largest upward impacts on annual inflation were brought about by the Restaurants and Hotels Index (0.4 percentage points), Alcoholic Beverages and Tobacco Index (0.3 percentage points), and the Furniture, Household Equipment and Routine Maintenance of the House Index (0.2 percentage points). This was mainly due to costlier restaurant services, cigarettes and furniture items respectively.

The main downward impacts were recorded in Housing, Water, Electricity, Gas and Other Fuels Index (-0.7 percentage points) and Clothing and Footwear (-0.2 percentage points), mainly due to lower electricity rates and prices of garments respectively.

The twelve-month moving average rate was 0.8 per cent.

Permalink: Annual rate of inflation stood at 0.5% in April as measured by the HICP