Inflation in September, however, be higher than earlier estimates

Consumer inflation was 5.9 percent annualized in September 2021, the Central Statistical Office (GUS) reported. Compared to the previous month, the prices of goods and services increased by 0.7 percent.

In annual terms, the increase in prices of services amounted to 6.6 percent, and of goods – 5.6 percent. In monthly terms, it was 0.8 percent and 0.6 percent, respectively.

"In September this year, compared to the previous month, the prices of consumer goods and services, in general, were most influenced by higher prices in terms of housing (by 0.7 percent), transport (by 1.2 percent), clothing and footwear (by 3.1 percent) and communications (by 2.3 percent), which increased this indicator by 0.17 percentage points and 0.12 percentage points, respectively," the release reads.

Compared to the corresponding month of the previous year, higher prices of transport (by 18.5 percent), housing (by 6.4 percent), and food (by 4.2 percent) increased this indicator by 1.65, 1.60, and 1.03 percentage points, respectively.

(ISBnews)