According to data released by the Statistical Service (Cysat), compared with September, the HICP rose by 0.9% compared with a reduction of 0.5% in the previous month.

For the ten months to October, the HICP recorded an increase of 1.8% compared to the same period last year.

Compared to October 2020, the largest price changes were recorded in Housing, Water, Electricity, Gas and Other Fuels (15.5%) and Transport 13%.

On an annual and monthly basis, energy costs saw the biggest jump with 27.1% and 4.4%, respectively.

Compared to September 2021, the largest change was recorded in Clothing and Footwear, with a rise of 5.6%.

For January – October, compared to the same period last year, the largest change was recorded in Transport with a 7.3% rise.

Source: Financial Mirror