The food and beverages category witnessed a notable annual increase of 4.98% in October 2024, reflecting its substantial impact on the overall inflation index.

Clothing Prices See a Sharp Rise of 5.56%

Clothing prices registered the highest growth among the main categories, rising by 5.56% compared to October 2023.

Housing Services and Home Furnishings Show Moderate Increases

Housing services experienced a modest rise of 0.57%, while home furnishings increased by 4.06% on an annual basis.

The cigarettes and tobacco group saw a slight rise of 0.15%, while transportation prices remained largely stable, not significantly influencing the overall inflation rate.

Excluding the food and beverages category, the inflation rate increased by 1.87% on an annual basis, indicating broader economic factors at play beyond essential goods.