Analysts: September inflation is lower than expected
The September consumer price index has become lower than the market expectations, but the increase in core inflation reflects the growing domestic demand, but mostly the growth of the excise tax on tobacco products and the regional and European price growth cycle for milk and milk products – analysts told MTI commenting on the Central Statistical Office’s report on September inflation issued on Tuesday.
According to a report issued on Tuesday by the Central Statistical Office (KSH), consumer prices in September were 2.5 percent higher than in the previous year, after the 2.6 percent growth of the previous month. Compared to august, prices increased by an average of 0.1 percent. (MTI)
Related news
K&H: the inflation anomaly is clearly visible, but customers perceive it differently
Although inflation has slowed down a lot, according to the…
Read more >The domestic economy grew by 1.1% in the first quarter
In the first quarter of this year, the performance of…
Read more >Shrink inflation is getting worse
Dishwashing detergent, sweets, sour cream, cottage cheese, kefir and camembert…
Read more >Related news
The latest issue of Trade magazin is out now!
The digital version is available with more content once again…
Read more >FAO: global food prices increased for the second month in April on a monthly basis
In April, global food prices rose for the second month…
Read more >Beauty care travels at breakneck speed
Beauty care is one of the fastest growing markets in…
Read more >