According to the national data agency's report on consumer price trends for October 2026, the consumer price index rose to 120.73 (2020=100), marking a 2.8% increase compared to the same month last year, maintaining inflation in the 2% range.
The core inflation rate, excluding food and energy, based on OECD standards, also increased by 2.8% year-on-year. Similarly, the domestic measure of core inflation, which excludes agricultural products and oil, rose by 2.8%.
The living cost index, calculated from 144 frequently purchased items that account for a significant portion of consumer spending, showed a 2.6% increase compared to the previous year.
In contrast, the fresh food index fell by 6.2% year-on-year. While fresh fish prices rose by 6.0% compared to last year, fresh vegetables and fruits dropped by 11.3% and 8.6%, respectively, contributing to the overall decline in the fresh food index.
Among industrial products, oil prices continued to rise at double-digit rates, with diesel prices increasing by 19.7% and gasoline by 11.6%. Consequently, international airfares surged by 20.7%, and transportation costs rose by 6.8%.
By category, goods prices increased by 3.0%, while service prices rose by 2.7%.
* This article has been translated by AI.
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