Cyprus Mail

Consumer prices fall 1.3% in January, Cystat says

Consumer prices fell 1.3 per cent in January compared to the respective year of 2015 after falling 1.2 per cent in December on lower energy prices, the statistical service said.

Compared to December, consumer prices fell in January 1.8 per cent mainly on the impact of winter sales on clothing and footwear and reduced airfares and fuel prices, Cystat said in a statement on its website on Thursday.

In January 2015, consumer prices fell an annual 1.3 per cent, according to Cystat.

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