The Consumer Price Index, which stood at 102.6 in June 2024, registered a net increase of 0.8 point (or +0.8%) to reach 103.4 in September 2024.
The main contributors for the net increase in the CPI from June to September 2024 were:
– higher prices of fruits (+0.1 point), other food products (+0.5 point) and, other goods and services (+0.4 point); partly offset by
– lower prices of vegetables (-0.2 point).
The headline inflation rate for the twelve months ending September 2024 works out to 3.8%, compared to 9.0% for the twelve months ending September 2023.
The headline inflation rate excluding “Alcoholic beverages and tobacco » for the twelve months ending September 2024 works out to 3.6%, compared to 8.8% for the twelve months ending September 2023.
