Year-on-year, cost of food and non-alcoholic beverages went up by 4.8 percent (from +4.4 percent in September), as prices of unprocessed food grew 4.6 percent (from +3.8 percent). Also, prices of household contents and services rose by 3 percent percent (from +2.7 percent), boosted by a 3.2 percent growth in cost of appliances, tableware and equipment (from +2.3 percent in September). Additional upward pressure came from: housing and utilities (+6.4 percent, the same as in September); miscellaneous goods and services (+7 percent, the same as in September) and alcoholic beverages and tobacco (+7.4 percent, from +8.7 percent in the previous month). By contrast, transport prices fell by 0.6 percent (from -0.8 percent in September), as cost of petrol dropped at a slower 8 percent (from -8.2 percent).
On a monthly basis, consumer prices increased by 0.3 percent after showing no growth in the previous two months. Transport prices rose by 0.5 percent (-1.6 percent in September), mainly driven by higher petrol prices (+0.1 percent, from -5.3 percent). In addition, food cost rose further by 0.5 percent (+0.1 percent in September).
Annual core inflation rate, which excludes prices of food, non-alcoholic beverages, petrol and energy was 5.2 percent, down from 5.3 percent in the previous month. The monthly index eased to 0.2 percent from 0.4 percent in September.