Monthly deflation in October was -0.5%, while the annual inflation down to +0.3%

Monthly deflation measured by Harmonised Index of Consumer Prices was -0.5% in October. This was influenced mostly by the decrease in prices of: accommdation services; fuels and lubricants for personal transport equipment; meat; milk, cheese and eggs; fruit; bread and cereals; oils and fats. Annual inflation in October was +0.3%, and it is lower than in September, when it was +1.5%.

When observing the main groups, monthly drop of prices was noticed in the following groups: Restaurants and Hotels (-2.3%); Transport (-1.8%); Food and non-alcoholic beverages (-0.9%); Communications (-0.2%), while a growth of prices was recorded in groups: Clothing and footwear (+4.8%); Miscellaneous goods and service (+0.7%); Furnishing, household equipment and routine household maintenance (+0.3%); Alcoholic beverages and tobacco (+0.1%); Housing, water, electricity, gas and other fuels (+0.1%).

Positive annual inflation rates in October were observed in the following groups: Alcoholic beverages and tobacco (+7.7%); Miscellaneous goods and services (+4.5%); Housing, water, electricity, gas and other fuels (+3.1%); Health (+1.5%); Clothing and footwear (+1.2%); Restaurants and Hotels (+0.4%); Education (+0.2%), while negative annual inflation rates were observed in the following groups: Transport (-2.9%); Recreation and culture (-1.4%); Communications (-0.8%); Furnishing, household equipment and routine household maintenance (-0.4%); Food and non-alcoholic beverages (-0.2%).

Release