Prices of goods and services for personal consumption, measured by consumer price indices, increased by 0.1 in October 2010 from September 2010 and by 1.4 percent from October 2009, according to the bureau.
This trend was in accordance with expectations of six macro-economists polled by Hina.
The 1.4 percent inflation rate has been the highest rate so far this year. The lowest inflation of 0.6 percent was reported in April.
Raiffeisen Consulting analysts do not expect any considerable increase in domestic demand by the end of this year due to the renewed deterioration on the labour market. Accordingly, an inflation rate will remain relatively low.
They, however, expect higher inflation rates in 2011.