Cyprus Mail

November deflation at 1.4%

Consumer prices fell marginally in November, compared to the previous month, and 1.4 per cent on an annual basis, the statistical service said.

The annual deflation rate of January to November was 1.5 per cent, Cystat said in a statement on its website on Thursday.

Consumer prices in November fell mainly because of cheaper vegetables, air fares, clothing, and electricity which offset the impact of higher fuel prices and other goods and services, Cystat said.

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