CPI inflation registered its third successive decrease in November 2013, printing at 5,3% against October’s 5,5%. The monthly increase in the CPI was a mild 0,1%.
The drop of 28c/l in the petrol price was the main cause of the slowdown in inflation in November 2013 together with decreases in certain cell phone call and internet charges.
Food and non-alcoholic beverages inflation is 0,8% on a month to month basis, the third successive month in which it has been higher than the average inflation rate. However, the annual rate is only 3,8% due to a series of monthly decreases or zero changes in the first part of the year.
Frozen chicken portions, which were subject to import tariff increases in the beginning of October 2013, increased by 2% on a monthly basis.
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