Continued lockdown measures keep underlying inflation low

Main points

Largest decline in underlying inflation since the start of the pandemic

Main points

Slight pickup in underlying inflation amid high uncertainty

Underlying inflation moderated due to weak demand and uncertainty

Headline Inflation at Multi-Year Low but Underlying Inflation Unchanged

Underlying Inflation Diverges at Regional Level

Underlying Inflation Picks Up as CPI Inflation Falls

Underlying Inflation Reflects Inflationary Pressure

CPI Reflects Lower Fuel Prices

CPI Inflation Stabilises