Home Breaking News Inflation reached 1.8% in October and food inflation at 1.9%

Inflation reached 1.8% in October and food inflation at 1.9%

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Inflation reached 1.8% in October and food inflation at 1.9%

The consumer price index (CPI) increased in October to 1.8% year-on-year, three-tenths higher than the previous month, due to the increase in the cost of electricity, gas and fuels and lubricants, while food and beverages did not increase. drinks increased by a tenth, up 1.9%.

The National Institute of Statistics (INE) confirmed on Thursday the data put forward two weeks ago, as well as the underlying inflation rate (without energy or unprocessed food products), which stood at 2, 5% over one year, or a tenth more. that of September.

The group that stood out the most for its influence on the increase in the annual rate is that of housing, with an annual variation of 4.2%, 1.3 points above that of last month, due to the increase in electricity and gas prices compared to last year. the decrease during the same month of 2023.

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