In September, the annual rate of inflation as measured by the Harmonised Index of Consumer Prices stood at 1.6 per cent, a year earlier the annual rate stood at 0.6 per cent.

The largest upward impacts on annual inflation were brought about by the Food and Non-alcoholic Beverages Index (+0.48 percentage points), Furniture, Household Equipment, and Routine Maintenance of the House Index (+0.35 percentage points) and Restaurants and Hotels Index (+0.31 percentage points). These rises were mainly due to higher prices for vegetables, furniture and restaurants respectively.

The main downward impact was recorded in the Transport Index (-0.31 percentage points), mainly due to lower fuel prices.

The twelve-month moving average rate was 1.0 per cent.

Permalink: Annual rate of inflation for September 2015 stood at 1.6%