During last month, October 2020, the annual rate of inflation as measured by the Retail Price Index, RPI, was 0.35%, according to the latest statistics published by NSO, the National Statistics Office. This means that the rate of inflation went up from 0.18% when compared to the rate registered in September 2020.
The Retail Price Index measures monthly price changes in the cost of purchasing a representative basket of consumer goods and services, and is closely linked with the cost-of-living adjustment (COLA) increases and periodic rent payment adjustments.
Source: Newsbook
Updated: 1738
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