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TPSO Revealed Oil Prices Drove October 2026 Inflation
The Trade Policy and Strategy Office (TPSO), Ministry of Commerce, revealed that the headline inflation in October 2026 increased by 3.90%. The main factor was the increase in fuel prices in line with global energy market situations, which contributed approximately 56% to the headline inflation. Meanwhile, public opinion surveys reflect strong demand for measures to reduce daily living expenses, particularly energy costs and consumer goods. In response, the Ministry of Commerce has remained committed to facilitate public access to affordable goods to alleviate the cost-of-living burden and provide continued support for purchasing power.