Latest News Stream - Inflation Rate

The annual inflation rate in Angola decelerated further to 8.16% in October 2026, marking the lowest since March 2015, down from September's 8.43%. Inflation has maintained its downward trajectory since mid-2024, supported by relative kwanza stability and improved domestic supplies of essential goods. Price growth moderated for several categories, including food & non-alcoholic beverages (9.28% vs 9.54% in September); education (15.82% vs 18.53%); housing & utilities (7.91% vs 9.07%); miscellaneous goods & services (5.10% vs 5.30%) and restaurants & hotels (4.28% vs 4.40%). On the other hand, prices accelerated for alcoholic beverages & tobacco (9.37% vs 9.10%); furnishings & household equipemnt (6.19% vs 6.02%) and transportation (3.43% vs 3.32%).On a monthly basis, the CPI rose by 0.68% in October, matching September's reading.

The annual inflation rate in Estonia climbed to 4.2% in October 2026 from 3.5% in the previous month, marking the highest reading since November 2025. The acceleration was mainly driven by higher transport and housing costs, which rose 13.9% and 7.5%, respectively. Transport inflation was fueled by sharp increases in gasoline (38.2%) and diesel prices (59.7%), while housing costs were pushed up by higher piped gas, wood fuel and waste collection charges. Additionally, food inflation turned positive, with prices rising 0.7% after declining in September, led by more expensive vegetables, prepared foods and soft drinks, while prices also increased for alcoholic beverages (6%), healthcare (3.2%), and miscellaneous goods and services (3.8%). In contrast, costs declined for education (-8.4%) and insurance and financial services (-3.1%). On a monthly basis, consumer prices increased by 0.6% in October, slowing from a 0.4% gain in September, which was the fastest rise in eight months.

Thailand’s annual inflation rate surged to 3.9% in October 2026 from 2.82% in September, exceeding market expectations of 3.33% and breaching the Bank of Thailand’s 1%-3% target range for the first time in more than three years. The reading marked the highest level since January 2023. The acceleration was driven largely by higher oil prices and flood-related increases in food costs, reflecting elevated raw material costs and the impact of the conflict in the Middle East. Meanwhile, annual core inflation rose to 1.58% from 1.50% in September, remaining its highest level since May 2023 but remaining slightly below market forecasts of 1.6%. The Commerce Ministry expects headline inflation to average 1.8%-2.2% in 2026, although price pressures may remain elevated through year-end partly due to a low base effect. Despite the breach, officials expect the increase to be temporary, while the Bank of Thailand has maintained its policy rate at 1% amid subdued domestic demand.

Egypt's annual urban inflation eased for the third straight month to 12.7% in October 2026 from 13.9% in September. It was the lowest inflation rate since January, as the impact of higher fuel prices continued to fade. Egypt raised fuel prices in early March by about 14% to 17% across a wide range of petroleum products, marking the first increase of the year amid elevated global oil prices. In March, inflation accelerated to a ten-month high of 15.2%. Egypt's Planning and Economic Development Minister Ahmed Rostom said the latest figure reflected easing inflationary pressures and improved price stability.

Uruguay’s annual inflation rate rose to 4.87% in October 2026, up from 4.68% in September. The largest price increases were recorded in transport (8.11%), amid elevated oil and fuel prices resulting from supply disruptions linked to the US-Iran war. Education services costs rose 7.6%, restaurant and accommodation prices increased 7.1%, and healthcare costs climbed 6.8%. Clothing was the only category to record deflation, with prices falling 5.4%.

Tunisia’s annual inflation rate stood at 5.6% in October 2026, unchanged from the previous month and remaining at its highest level since April 2025. Food and non-alcoholic beverage prices continued to drive inflation, accelerating to 8.5% from 8.4% in September, amid sharp increases in fresh fruit (20%), lamb (14.7%), poultry (14.5%), beef (13%), vegetables (12.9%) and fish (8.9%). Price growth also remained elevated for clothing & footwear (9.1% vs 9.2%); restaurants & hotels (6.2% vs 6.5%); education (5.5% vs 5.5%) and furnihings & household equipment (4.7% vs 4.8%). On a monthly basis, the CPI rose by 0.7% in October, after a 0.8% increase in the month earlier.

The annual inflation rate in Cyprus increased to 4.37% in October 2026 from 3.69% in the previous month, reaching its highest level since March 2023. Price increases accelerated across several categories, including food and non-alcoholic beverages (4.74% vs 3.56% in September), transport (13.73% vs 11.87%), housing and utilities (10.75% vs 9.63%), health (1.48% vs 1.29%), recreation and culture (3.38% vs 3.09%), and alcoholic beverages and tobacco (1.16% vs 0.82%). At the same time, deflation eased in clothing and footwear (-9.25% vs -10.75%) and information and communication (-0.71% vs -1.14%). Meanwhile, inflation slowed in education (2.10% vs 3.11%) and restaurants and hotels (3.76% vs 3.84%), while prices continued to fall in furnishings and home decoration, household equipment, and routine home maintenance (-0.68% vs -0.48%). On a monthly basis, consumer prices rose by 1.12% in October from 0.74% in September, marking the largest increase since April.

Taiwan’s annual inflation rate eased to 2.33% in October 2026, down from a 31-month high of 2.74% in the previous month, while remaining above the central bank’s 2% target for the sixth consecutive month. Price increases moderated across several categories, including food (2.05% vs. 2.65% in September), clothing (0.64% vs. 2.30%), housing (2.07% vs. 2.38%), education and entertainment (2.94% vs. 3.18%), and miscellaneous goods and services (1.75% vs. 2.77%). Meanwhile, inflation accelerated in transportation and communication (4.36% vs. 4.08%) and health (1.06% vs. 0.70%). On a seasonally adjusted monthly basis, consumer prices edged up by 0.2% in October from 0.18% in September, marking the highest increase since May.

The annual inflation rate in the Philippines accelerated to 7.8% in October 2026 from 7.2% in September, exceeding expectations of 7.6% and marking the highest reading since February 2023. Transport inflation surged to 20.1% from 14.6%, while inflation for housing, water, electricity, gas and other fuels increased to 9.3% from 8.4%, as the prolonged Middle East conflict drove up costs in a country heavily reliant on energy supplies from the region. Price growth also accelerated for restaurants and accommodation services (7.7% vs 7%), health (5.9% vs 5.6%), and furnishings and household equipment (5% vs 4.7%). In contrast, food and non-alcoholic beverage inflation eased to 6.1% from 6.7%. On a monthly basis, consumer prices rose 0.7%, following a 1% increase in September. Core inflation also accelerated to 5.4%, its highest level since September 2023, from an upwardly revised 4.8% in September, exceeding market expectations of 4.8%.

The annual inflation rate in Ghana rose further to 5.5% in October 2026 from September's 5.2%, reaching the highest since last November. Non-food inflation accelerated to 7.9% from 6.2%, while services inflation climbed to 11.5% from 8.3%, reflecting stronger price pressures in transport, housing-related services and other household expenses. In contrast, food inflation eased to 2.8%, down from 4.0% in September. On a monthly basis, the CPI edged down by 0.1% in October, after a 1.1% rise in the prior month, largely attributed to a 2% drop in food prices.

The annual inflation rate in Luxembourg eased to 2.7% in October 2026 from 2.9% in the previous month. Price increases slowed across several categories, including personal care, social protection, and miscellaneous goods and services (1.4% vs. 4.2%), transport (7.0% vs. 7.3%), food and non-alcoholic beverages (1.4% vs. 1.5%), and furnishings, household equipment, and routine household maintenance (1.1% vs. 1.5%). Inflation also moderated in clothing and footwear (0.5% vs. 1.1%), and alcoholic beverages, tobacco, and narcotics (1.7% vs. 2.6%). Meanwhile, inflation increased in housing and utilities (1.7% vs. 1.3%), information and communication (3.6% vs. 3.1%), and recreation and culture (4.9% vs. 3.4%). Price growth remained unchanged in education (0.6%), restaurants and hotels (3.2%), and insurance and financial services (0.8%). On a monthly basis, consumer prices fell by 0.5% in October, reversing a 0.6% increase in the previous month.

Croatia’s annual inflation rate rose to 4.9% in October 2026 from 4.7% in the previous month, marking the highest reading since May and above market expectations of 4.7%, according to a flash estimate. The uptick was primarily driven by higher energy prices, which surged 20.7%. Prices for food, beverages and tobacco edged up by 0.2%, while services prices rose by 7.5%. Meanwhile, prices for non-food industrial goods without energy fell by 1.1%. On a monthly basis, consumer prices increased by 0.7%, following a 0.9% gain in the previous month.

Austria’s annual inflation rate stood at 3.6% in October 2026, unchanged from the previous month, according to a flash estimate. “Despite the extension of the fuel price brake on October 1, which moderated the increase in fuel prices, energy prices rose by 16.5%, higher than the 15.1% recorded in September. Prices for food, tobacco and alcohol remained unchanged year-on-year in October, following an increase of 0.8% in September,” said Manuela Lenk, Director General of Statistics Austria. The services sector remained the main driver of inflation, although price growth in the sector eased slightly to 4.1% in October from 4.2% in September. In contrast, prices for manufactured goods increased by 0.9% after rising 0.8 in the prior month. On a monthly basis, consumer prices rose by 0.3%, following a 0.2% increase in September. Meanwhile, the harmonised index of consumer prices (HICP) is expected to increase by 3.5% year-on-year and 0.4% month-on-month.

The annual inflation rate in Armenia increased by 4.3% year-on-year in October 2026, unchanged from the previous month. Inflation remained steady in education at 3.2%, while it edged higher in furnishings, household equipment, and routine maintenance (2.3% vs. 2.2%), alcoholic beverages and tobacco (7.6% vs. 7.5%), communication (0.3% vs. 0.2%), and restaurants and hotels (5.6% vs. 5.4%). Prices also rose at a faster pace for housing and utilities (3.5% vs. 2.1%). Meanwhile, inflation eased in food and non-alcoholic beverages (5.6% vs. 6.2%), clothing and footwear (4.2% vs. 4.6%), health (3.2% vs. 3.3%), transport (2.4% vs. 2.8%), recreation and culture (0.7% vs. 0.8%), and miscellaneous goods and services (2.6% vs. 2.9%). On a monthly basis, consumer prices edged up by 0.3% in October, compared with a 0.2% increase in September.

The annual inflation rate in the Czech Republic edged down to 2.4% in October 2026, below market expectations and September’s five-month high of 2.5%, preliminary estimates showed. Prices increased at a softer pace for energy (5.6% vs 5.9% in September), services (4.5% vs 4.6%) and goods (0.9% vs 1.2%). At the same time, prices moderated for alcoholic beverages and tobacco (4% vs 4.6%), while deflation deepened for food and soft drinks (-4% vs -3.5%), processed foods, alcohol and tobacco (-0.8% vs -0.5%), and unprocessed foods (-3.5% vs -2.4%). On a monthly basis, consumer prices rose 0.4% after remaining flat in September, slightly below market expectations of 0.5%.

The annual inflation rate in the Netherlands rose to 3.7% in October 2026, picking up from 3.4% in September, according to preliminary estimates. This marked the highest reading since April 2025, driven partly by accelerating energy inflation, including motor fuels, which increased to 14.4% from 13.8%, amid surging global energy prices. Inflation for industrial goods excluding energy and motor fuels also accelerated to 1.9% from 1.5%. Meanwhile, services inflation remained unchanged at 3.9%. Food, beverages, and tobacco prices fell 0.6% year-on-year, following a 1.2% decline in September. On a monthly basis, consumer prices are likely to increase by 0.7%, following a 0.1% gain in September. The index for consumption abroad rose 8.6%, accelerating from 7.7% previously. HICP-based annual inflation also increased to 3.3% in October from 3.0% in September.

Paraguay’s annual inflation rate was unchanged at 1.7% in October 2026 from September, remaining well below the central bank’s 3.5% target. The largest price increases were recorded in fuels (24.5%), driven by higher diesel prices, and restaurants and hotels (9.0%). Overall food prices declined 2.0%, driven by lower prices for fruits and vegetables (-9.2%). Meanwhile, goods prices rose 0.5%, while services and income inflation stood at 3.8%. Core inflation edged up to 1.4% from 1.2% in September. On a monthly basis, consumer prices fell 0.1%, reversing a 0.1% gain in September.

The annual inflation rate in Uganda picked up to 5.8% in October 2026, the highest since May 2023, from 4.6% in September. Inflation has been rising consistently since April, reflecting the depreciation of the Ugandan shilling and higher fuel prices linked to the Middle East conflict. Annual food crop inflation accelerated to 10.7% in October from 4.5% in September, driven by higher prices for dry beans, tomatoes, sweet potatoes, matoke and pineapples. Energy, fuels and utilities inflation registered 15.4%, up from 14.5% in September, with petrol prices rising 34.3%, diesel 49.2% and firewood 15.5%. The core inflation, which excludes volatile raw food and fuel, quickened to 4.4%, the highest since June 2023, from 3.7% previously. On a monthly basis, the CPI rose by 1.1% in October, after a 0.9% increase in September. The Bank of Uganda raised its policy rate by 225 basis points to 12% on October 14 to curb inflationary pressures intensified by the shilling’s sharp depreciation.