Inflation remained over 21% in October

The latest data published by the Central Statistical Bureau (CSB) November 8 show that in October 2022, compared to October 2021, the average level of consumer prices increased by 21.8 %, only marginally below September's figure of 22.2 %.

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"Compared to October 2021, in October 2022 the average level of consumer prices was mainly influenced by the rise in prices of goods and services related to housing, food and non-alcoholic beverages, goods and services related to transport, within the miscellaneous goods and services group, restaurant and hotel services, goods and services related to recreation and culture, health care, alcoholic beverages and tobacco products," said the CSB.

Compared to September 2022, in October 2022 the average level of consumer prices rose by 0.8 %, down slightly on the previous month's equivalent figure of 1.1 %.

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For a summary of price changes in different commodity groups, see the data below.

Price changes by commodity group (as per cent)

Groups

Price changes in October 2022, compared to:

October
2021

December
2021

September
2022

Total

21.8

20.0

0.8

food

29.5

25.7

2.1

alcohol, tobacco

5.6

5.8

0.5

clothing, footwear

4.6

7.9

0.6

housing

46.9

40.6

-1.8

furnishings

9.6

10.7

-0.2

health

8.3

8.1

1.0

transport

20.1

19.1

3.0

communication

2.6

2.6

0.1

recreation, culture

8.0

7.6

1.1

education

7.1

7.2

0.1

restaurants, hotels

18.2

17.5

0.6

miscellaneous

15.3

15.9

0.3

 

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