Inflation in the balance

According to the latest data of the Central Statistical Bureau, the average consumer price level in October 2015 decreased 0.2 percent from October 2014.

Prices of goods decreased 1.1 percent, while prices of services grew 2.3 percent.

Compared to October 2014, the greatest pressure on the price changes in October 2015 was put by a drop in prices of transport goods and services, food and non-alcoholic beverages, offsetting higher prices of goods and services related to housing, alcoholic beverages and tobacco, restaurant and hotel services, goods and services related to health.

Compared to the previous twelve months, the average consumer price level over the last 12 months grew 0.2 percent.

Compared to September, consumer prices in October 2015 rose 0.3 percent. Prices of goods increased 0.6 percent, while prices of services declined 0.4 percent

 

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