Energy prices rose 20.8% from a year earlier, compared with 18.9% in September. Services inflation reached 3.3%, up from 3.2%. Food, alcohol and tobacco prices increased 1.6%, while non-energy industrial goods rose 1.2%.
The headline index increased 0.4% on the month. These are provisional estimates measuring changes in the consumer basket, rather than an announcement of an interest-rate decision. The contrast between rising headline inflation and the stable underlying measure highlights energy’s role in this release.