Inflation up slightly

The September Composite CPI (104.86) grew 0.86% year-on-year, according to the Statistics and Census Service (DSEC). The change was attributed to higher prices for eating out and rising tuition fees, as well as increases in hotel room rates and clothes prices. The rise was partially offset by falling airfares and lower rentals for dwellings. The price indices of recreation and culture, clothing and footwear, education, and food and non-alcoholic beverages rose 5.45%, 5.13%, 5.06% and 2.67% year-on-year respectively.