Inflation accelerates in September from August

Latest reading: Harmonized consumer prices increased 3.0% in annual terms in September, following a 2.7% rise in the previous month. Relative to the prior month's figures, there were higher price pressures for food and non-alcoholic beverages (+2.4% on a year-on-year basis vs +2.3% in August), transportation (+2.4% vs +1.5% in August), housing and utilities (+7.0% vs +5.9% in August) and recreation (+0.9% vs +0.8% in August). Finally, the variation in restaurants and hotels prices was the same as in the prior month (+4.4% in September and August). Meanwhile, consumer prices rose 3.0% in September, following a 2.7% rise in the prior month. Lastly, harmonized consumer prices increased 0.23% in September in month-on-month terms, following a flat reading in the previous month.

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