October Inflation at 1.07%, Annual Rate Reaches 34.99%

October 2026 inflation figures have been announced. The Consumer Price Index (CPI) increased by 1.07% in October compared with the previous month, bringing annual inflation to 34.99%. Price increases since the beginning of the year reached 29.52%.

According to the figures released, consumer prices rose by 1.07% in October compared with the previous month. The increase in the CPI stood at 29.52% compared with December last year and 34.99% compared with the same month of the previous year.

In October 2025, monthly inflation was 1.09%, while annual inflation stood at 36.33%. Annual inflation therefore declined by 1.34 percentage points compared with the same period last year.

CLOTHING AND FOOTWEAR RECORD HIGHEST INCREASE

An examination of the main expenditure groups showed that clothing and footwear recorded the highest price increase in October, at 14.09%.

This was followed by communications at 4.20%, food and non-alcoholic beverages at 2.72%, transport at 2.68%, and health at 1.85%.

Prices increased by 1.33% in furniture, household equipment and household maintenance services; 0.84% in housing, water, electricity, gas and other fuels; and 0.50% in alcoholic beverages and tobacco.

Price increases were also recorded in miscellaneous goods and services at 0.34%, recreation and culture at 0.28%, and education at 0.04%.

The only main expenditure group to record a price decrease in October was restaurants and hotels, where prices fell by 6.00%.

In October, average prices increased for 431 of the 564 items covered by the index, while average prices declined for 133 items.

The highest price increase was recorded for cucumbers, at 84.22%. Cucumbers were followed by school bus fees, which rose by 50.00%, and National Lottery tickets, which also increased by 50.00%.

POMEGRANATE RECORDS BIGGEST PRICE DROP

The product with the largest price decrease in October was pomegranate, which fell by 58.18%. It was followed by lemons, down 40.34%, and lettuce, down 35.31%.

ANNUAL INFLATION BELOW LAST YEAR'S LEVEL

A comparison of the October 2025 and October 2026 figures shows that inflation rates declined compared with the previous year.