Year-on-year, prices advanced faster for housing (2.4 percent vs 2.3 percent in September); food (2.9 percent vs 2.4 percent), particularly food exlcuding meals bought away from home (3.3 percent vs 1.9 percent) and miscellaneous goods (0.6 percent vs 0.5 percent). In addition, cost decreased less for miscellaneous services (-0.4 percent vs -0.6 percent) and durable goods (-2.9 percent vs -3.3 percent).
On the other hand, prices slowed for transport (0.8 percent vs 1.8 percent) while fell for clothing and footwear (-0.5 percent vs 0.4 percent) and alcoholic beverages and tobacco (-1.3 percent vs 0.5 percent).
A Government spokesman said that consumer price inflation stayed fairly modest in October. The spokesman also commented that looking ahead, considering the slow increases in import prices and moderate local cost pressure, inflation risks should remain limited in the near term. The Government will continue to monitor the inflation developments closely, particularly its impact on the lower-income people.