Inflation up 0.7 pct in October 2017 compared with October 2016

The CPI in October 2017 compared with October 2016 increased by 0.7 pct, the statistics office said on Thursday. In October 2016, the annual rate of change of the CPI was-0.5 pct.

The CPI in October 2017 compared with September 2017, increased by 0.1 pct. In October 2016, the monthly rate of change of the CPI
was 0.4 pct.

The average CPI for the twelve – month period from November 2016 to October 2017, compared with the corresponding index for the period November 2015 to October 2016 increased by 0.9 pct. The annual rate of change of the average CPI between the twelve – month period November 2015 to October 2016 in comparison to the period November 2014 to October 2015 was -0.8 pct.