In September, the inflation rate remained stable at 6.7% according to data published on Saturday October 5, 2024 by the National Institute of Statistics (INS).
This stability is explained on the one hand by the acceleration in the rate of increase in the prices of food products year-on-year (9.2% in September compared to 8.5% in August) and in the prices of the leisure and culture group ( 7% in September against 5.8% in August), and on the other hand by the slowdown in the rate of increase in prices of the Clothing and shoes group (9.7% in September against 9.9% in August) and of Alcoholic beverages and tobacco group (0.3% in September compared to 5.4% in August).
Thus, the increase in the prices of food products is mainly due to the increase in the prices of sheep meat by 22.8%, edible oils by 15.1%, dried fruits by 15%, fresh fish by 13.2%. %, fresh vegetables by 13%, beef by 12.4% and poultry by 12.2%.
As for the prices of manufactured products, they show an increase of 6.1% due to the increase in the prices of clothing and footwear products by 9.7% and routine household cleaning products by 8.3%. .
For the prices of services, they increased by 5.3% over one year, mainly explained by the increase in the prices of services of the restaurant, cafes and hotels group of 8.8%.
Core inflation and inflation of regulated products
In September, the underlying inflation rate (excluding food and energy products) fell to 6.2% compared to 6.4% the previous month.
The prices of free (unframed) products increase by 7.7% while the prices of framed products increase by 3.1%.
Free food products saw an increase of 10.2% compared to 2.6% for food products at regulated prices.
OEO
Published on 06/10/24 09:10
