Inflation was 2.7% y/y and 0.3% m/m in September 2018
Annual CPI inflation was 2.7% in September 2018 down from 3.1% in August 2018, according to GeoStat. Core inflation was 1.7% up from 1.5% recorded in previous month. Annual price changes were driven by price increases in transport (+6.2% y/y, +0.83ppts), food and non-alcoholic beverages (+1.8% y/y, +0.55ppts) and healthcare (+5.7% y/y, +0.48ppts) categories. On a monthly basis, there was 0.3% inflation in September 2018. Price increase in education (+3.7% m/m, +0.17ppts) and housing, water, electricity and gas (+1.0% m/m, +0.09ppts) were the major drivers of monthly inflation dynamics.
