The INS has announced that the inflation rate reached 4.9% in October 2025, compared to 5% the previous month. This decline is mainly explained by the slowdown in the pace of price increases for the food products group (5.6% in October 2025 compared to 5.7% in September 2025), and for the restaurant, café and hotel services group (7.5% in October 2025 compared to 10.1% in September 2025).
Month-on-month, the consumer price index increased by 0.7% in October 2025 compared to September 2025. This rise is primarily due to higher prices for clothing, up 6.4%, the “Furniture, household equipment and routine household maintenance” group, up 0.4%, as well as food products, with an increase of 0.1%.
Year-on-year, food product prices rose by 5.6%. This is mainly due to higher prices for fresh vegetables (+21.4%), lamb (+18.8%), fresh fish (+9.9%), beef (+9.8%) and fresh fruit (+9.2%). Conversely, the prices of edible oils fell by 22.2%.
Over one year, prices of manufactured goods increased by 5% as a result of higher prices for clothing and footwear (+9.2%) and household maintenance products (+5%). As for services, prices rose by 4.2% year-on-year, mainly driven by price increases in the restaurant, café and hotel services group (+7.5%).
In October 2025, core inflation (excluding food and energy) declined to 5.1%, down from 5.2% the previous month. Prices of free-floating (uncontrolled) products increased by 6% year-on-year, while controlled prices rose by 1.1%. Prices of free-floating food products grew by 6.4%, compared to 0.2% for controlled food products.
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