Higher Prices, Inflation 2.2% for September, INSTAT Unveils

The Institution of Statistics reports higher prices in September, when the government started its operation against informality. According to this institution, inflation increased to 2.2%, from 1.9% in August. The jump will be bigger if compared with one year ago when the consumption price index was at 1.5%. 
Referring to the Institution of Statistics, the main groups that were influenced by the growth of consumption prices in the market are “Foods and non-alcoholic beverages”, with 1.94%, followed by “Alcoholic beverages and tobacco with +0.25%”.
Another group that has dictated the high inflation rate in September is that of “Education Service”, with +0.15%. “Hotels, Coffee and Restaurants have contributed with +0.03%”.
The biggest price reduction is noted on transportation, clothes, shoes, rents, water, fuels and energy. 


October 8, 2015


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