Inflation rises further to 3.7 percent in October, groceries slightly cheaper

In October, inflation rose to 3.7%, up from 3.4% in September, according to preliminary data from CBS. This indicates that prices were 3.7% higher than in October of the previous year. The final inflation figure will be released on November 10 and may be adjusted. While grocery prices slightly decreased, energy costs, including fuels, increased. Month-over-month, prices in October were 0.7% higher than in September, compared to an average increase of 0.5% over the past decade. CBS notes that seasonal factors, such as clothing sales, can temporarily lower prices, which does not reflect a permanent decrease.