Consumer price index falls by 0.1% in November

November saw a slight decrease in consumer prices of 0.1%, compared to October, according to the latest data from the National Statistics Institute (NSI).

The inflation rate for the year to date slowed down to 3.8% from 4% the previous month. Inflation was 3.9% year-on-year in November. The annual inflation rate for the 12 months to November 2012 was 2.8% compared to the December 2010 – November 2011 period.

Food prices fell in November as follows: cabbage (34.6%), citrus and tropical fruit (10.5%), tomatoes (6.4%), pepper (2.8%), carrots (2.4%). Prices were higher for cucumbers (14.7%), potatoes (4.6%), garlic (2.6%), onion (1.9%), mineral water and soft drinks (1.5%), yellow cheese (0.9%), poultry (0.9%) etc.

Among non-edible goods and services, November saw price reductions for petrol А95 Н (4.1%), petrol А98 Н (3.5%), diesel (2.4%) and oil fuel for household needs (2%). Prices were up for liquefied petroleum gas (3%), clothing (1.4%), taxi fares (1.4%), air-conditioners (1.3%), shoes (1.1%), water-supply (1%) etc. Prices of drugs and other pharmaceutical products also fell in November (0.4%), while the cost of medical and dental care went slightly up by 0.1% and 0.9%, respectively.

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