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Annual rate of inflation for September 2015 stood at 1.6%

Annual rate of inflation for September 2015 stood at 1.6 per centIn 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.

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