Seasonally adjusted inflation accelerates in October

According to the figures, the seasonally adjusted monthly Consumer Price Index (CPI) increased by 2.14%. The monthly rate rose by 0.52 percentage points from 1.62% in September, indicating an acceleration in inflation after removing seasonal effects.

Among the main components, energy recorded the largest monthly price increase at 4.92%, followed by food and non-alcoholic beverages at 2.81%, services at 2.21%, and goods excluding energy and food at 0.65%. CPI excluding unprocessed food, energy, alcoholic beverages, tobacco, and gold rose by 1.65%, while the core inflation indicator excluding energy, food, alcoholic beverages, tobacco, and gold increased by 1.64% month over month. The data showed that rising energy and services prices continued to exert pressure on inflation.