Inflation rises in September

Latest reading: Consumer prices rose 1.4% on a year-on-year basis in September, following a 1.1% rise in the previous month. Relative to the prior month's figures, there were higher price pressures for recreation and entertainment (+2.2% yoy vs +2.1% in August), food and beverages (+0.5% vs 0.0% in August) and transport (+0.1% vs -0.2% in August). In contrast, price pressures reduced for housing and utilities (-0.7% vs -0.5% in August). Finally, the change in clothing prices was the same as in the prior month (+0.9% in September and August). Finally, consumer prices were virtually stable in September in month-on-month terms, following a 0.29% fall in the previous month.

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