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05.Oct .2020 18:13

Inflation was 3.8% y/y and 0.7% m/m in September 2020

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Annual CPI inflation retreated to 3.8% in September 2020 from 4.8% in previous month, according to Geostat. Core inflation (non-food, non-energy) was 5.2% in September 2020, while core inflation excluding tobacco was 4.7%.

Annual price changes were driven by price increases in food and non-alcoholic beverages (+6.3% y/y, +1.97ppts) and health (+7.5% y/y, +0.61ppts) categories and price drop in transport (-7.0% y/y, -0.87ppts) category. On a monthly basis, inflation was 0.7% in September 2020.