Annual inflation increased from 3.1% in September to 3.2% last month according to figures released by ONS. The main upward pressure for the change came from petrol and diesel, financial services and games, toys and hobbies (mainly computer games bought in shops rather than online) and the main downward pressure came from food prices. Vegetable prices fell 1% and meat prices were unchanged but went up last year. The index stands at 115.2.
There was an increase of 0.3% over the month. The most significant contributions came from recreation and culture (games, toys and hobbies 1.9% and cultural services 1.7%) and transport (fuels and lubricants 1.8%). Downward pressure over the month came from furniture, household equipment and maintenance (furniture and furnishings -3.4%) and clothing and footwear (-0.7% largely from garments).
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