Inflation rises in October from the prior month

Latest reading: Consumer prices increased 1.2% in annual terms in October, following a 0.7% increase in the previous month. October's reading was the strongest since December 2024. Relative to the previous month's data, there were higher price pressures for food (+1.2% on a year-on-year basis vs +1.1% in September) and housing and utilities (+0.3% vs +0.2% in September). Finally, the variation in transport prices was the same as in the prior month (+3.4% in October and September). Meanwhile, core consumer prices increased 1.2% in annual terms in October, following a 0.4% rise in the previous month. Finally, consumer prices increased 0.01% in October in month-on-month terms, following a 0.35% increase in the previous month.

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