Macedonias CPI inflation slows down to 3.3% y/y in October 2011.

By bne IntelliNews November 2, 2011
Macedonia's CPI has increased by 3.3% y/y in October, decelerating from 3.4% y/y in September. The increase in food prices remained unchanged at 4.3% y/y. Annual consumer price growth slowed down in the following groups: tobacco and beverages; clothing and footwear; housing; hygiene and health; restaurants and hotels; and other services. Acceleration in the y/y growth of consumer prices was registered in the groups culture and entertainment, as well as transport and communication services. The retail price index rose by 3.8% y/y in October, the same growth rate as the one reported in the previous month. CPI inflation has been 4.1% y/y in Jan-Oct.
CPI, % y/y
Sep-11 Oct-11 Jan-Oct/11
CPI 3.4 3.3 4.1
Food 4.3 4.3 6.7
Tobacco and beverages 1.2 0.3 1.0
Clothing and footwear 1.2 0.9 1.3
Housing 3.7 3.4 3.7
Hygiene and health 4.0 3.9 3.0
Culture and entertainment 1.7 2.2 -1.0
Transport and communication services 3.5 3.6 3.4
Restaurants and hotels 1.6 1.5 1.6
Other services 1.6 1.1 -0.4
Goods 4.1 4.0 4.7
Services 0.3 0.9 0.8
Source: Statistics office

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