Inflation accelerates in September from the prior month

Latest reading: Consumer prices increased 0.7% in annual terms in September, following a 0.5% rise in the previous month. Relative to the previous month's data, price pressures were higher for transport in September (+3.4% on a year-on-year basis vs +2.3% in August). In contrast, price pressures reduced for housing and utilities (+0.2% vs +0.3% in August). Finally, the change in food prices was the same as in the prior month (+1.1% in September and August). Meanwhile, core consumer prices increased 0.4% on a year-on-year basis in September, following a 0.3% rise in the previous month. Lastly, consumer prices increased 0.35% in September in month-on-month terms, following a 0.51% rise in the previous month.

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