Monday, April 22, 2024
HomeEconomyJanuary Inflation Rate -0.4%

January Inflation Rate -0.4%

For full-year the rate was 0.3%

Trigo technology deployed in a supermarket

The Central Bureau of Statistics reported the inflation rate for January was negative 0.4%. Major pricing decreases, totaling 6.4% were reported in clothing, as well as a drop of 0.8% in entertainment costs and 0.5% on food. In contrast, fresh fruits and vegetable prices rose by 3.1%.  The inflation rate for the last twelve months was 0.3%. The price of housing in December and January dropped 0.2%, resulting in an annual increase of 3% for the year. 



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