According to data released this Friday by the National Institute of Statistics (INE), the inflation rate fell from 10.5% the previous month to 8.9% in September, a tenth of what the body had developed in September. 29 (9%). Compared to the previous month, the consumer price index (CPI) fell by 7 tenths. In particular, the price of electricity was 17% cheaper than in August and fuel pricewith a return of 1.7% compared to the previous month
From the Ministry of Economy’s perspective, the fall in inflation underlines the positive impact of the measures taken to moderate the rise in prices, especially regarding transportation. In particular, the implementation of the Government’s measures to subsidize commuter train tickets, bus and city metro tickets allowed prices to fall by 38.2% in the category of ‘personal transport’, which was decisive in the moderation of September inflation data. .
prices most Food, on the other hand, posted a month-on-month increase of 0.5% in September, pushing the annual rate of change to 14.4%, slightly above the 13.8% recorded for this item in August.
After inflation peaked at 10.8% in July, a 38-year high, the Government believes the reductions took place in August (up to 10.5%) and September (September). 8.9% will remain in the coming months.
Estimated annual rate of change Core inflation (the overall index that does not include the most volatile prices of unprocessed food and energy products) also fell two-tenths to 6.2%; this is the same figure that INE predicted on September 29.
Annual rate of change Harmonized CPI The 10% claimed by Eurostat is a 3 tenth decrease compared to progress, to 9%, which is one point below the average figure for the euro area.