Annual inflation rate falls to 8.8% in September 2023
Publicat:The annual inflation rate fell in September to 8.8%, from 9.4% in August, as food prices rose 10.36%, non-food prices 6.68% and services costs went up 12.10%, according to data the National Institute of Statistics (INS) published on Thursday. In September, compared to August, the inflation rate was 0.79%. The monthly average inflation rate in the first nine months of this year was 0.6%.
"The year-to-date inflation rate (September 2023 compared to December 2022) is 5.7%. The annual inflation rate in September 2023 compared to September 2022 stands at 8.8%. The average rate of change in…
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