Year-on-year, prices eased for food & non-alcoholic beverages (3.6 percent from 3.9 percent in September); transport (0.3 percent from 2.4 percent), mainly due to fuels (-4.9 percent from 0.2 percent) and purchase of vehicles (3.4 percent from 3.7 percent); recreation & culture (1.1 percent from 1.4 percent); alcoholic beverages & tobacco (5.7 percent from 6.2 percent); household contents and services (3 percent from 3.2 percent); and restaurants & hotels (3.1 percent from 3.3 percent).
Meanwhile, inflation was steady for housing & utilities (at 4.8 percent); miscellaneous goods & services (at 5.7 percent); clothing & footwear (at 2.2 percent); and education (at 6.7 percent). In addition, cost of health rose further (4.8 percent from 4.6 percent).
Annual core inflation rate, which excludes cost of food, non-alcoholic beverages, fuel and energy, was at 4 percent in October, unchanged from the previous month and matching market forecasts. It remained the lowest rate since December 2011.
On a monthly basis, consumer prices were unchanged, after increasing 0.3 percent in September and below consensus of a 0.2 percent gain. Cost food & non-alcoholic beverages went down (-0.1 percent from 0.3 percent) while transport prices advanced at a faster pace (0.3 percent from 0.2 percent).