The decline in housing and transportation prices ... and the rise in "food" and "clothes" in September

The rate of consumer price inflation in the country decreased on an annual basis, last September, by 2.36%, compared to the same month of 2019. The Federal Center for Competitiveness and Statistics stated, in the report «Inflation September 2020», which it issued yesterday, which covers the change in prices For 12 major consumer goods and services, the general index reached 105.96 points last September, compared to almost 108.5 points in September 2019.

The report added that the annual decline in inflation came as a result of a decrease in the prices of five main commodity groups: transportation services prices by 6.9%, housing, water, electricity and gas group prices by 3%, recreation and culture by 28.1%, household equipment and equipment by 3.1%, and a group of various goods and services. 1.8%.

On the other hand, the prices of seven other commodity groups increased, including: the clothing and footwear group, which increased by 5%, “food and beverages” by 4.2%, “tobacco” by 6.1%, the restaurants and hotels group by 3.1%, and “communications” by 3.1%. 0.3%, education group 0.4%, and health services 0.09%.

At the same time, the center reported that the inflation rate decreased on a monthly basis in September, compared to last August, by 0.5%.

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