In January 2018, the Consumer Price Index (CPI) decreased by 1,21 units to 97,82 units, compared to 99,03 units in December 2017. Compared to January 2017, CPI is decreased by 0,7%.
In the twelve-month period from February 2017 to January 2018, in comparison to the period from February 2016 to January 2017, the annual average rate of change of the CPI was 0,4%. The corresponding annual average rate of change of the CPI in the previous twelve month period was -1,3%.
Prices for produce dropped last month 14%, while that for other industrial products excluding energy and electricity fell 0.9% and 0.2% respectively, compared to January 2017, according to Cystat.
Fuel prices rose almost 1 per cent while those for services rose 1.3 per cent./IBNA