Annual headline inflation edged down from 1.0% in September to 0.8% in October, which was just shy of market expectations of no change. Inflation is still below the Central Bank’s target of 2.5% with a tolerance margin of plus/minus 1.0 percentage point. Meanwhile, the core consumer price index, which excludes food and energy prices, decreased 0.1% in September (the latest month for which data are available) over the previous month. Annual core inflation inched down from 1.4% in August to 1.2% in September.
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