Inflation at 2.7% in October

  • Writer : Admin
  • Date : 2023.11.21

Consumer prices increased 2.7% year-on-year in October, a larger rise than that registered in September.

Netting out the effects of the Government’s one-off relief measures, the underlying inflation rate was 1.7%, lower than that seen in September.

Compared with October last year, price increases were recorded in the following categories: alcoholic drinks and tobacco; clothing and footwear; meals out and takeaway food; basic food; miscellaneous services; housing; transport; miscellaneous goods; and electricity, gas and water.

By contrast, a year-on-year price decrease for durable goods was recorded.