Please Note: Gozonews.Com is now simply Gozo.News - Kindly update your bookmarks and links - Existing Gozonews.Com links should continue to function correctly

Inflation as measured by the HICP up slightly to 1.0% – NSO

Email item Email item Print item Print item

Inflation as measured by the HICP went up to 1.0% in januaryAccording to data from the National Statistics Office, in February, the annual rate of inflation as measured by the Harmonised Index of Consumer Prices went up to 1.0 per cent, from 0.8 per cent in January. A year earlier the annual rate was 0.6 per cent.

The largest upward impacts on annual inflation were brought about by the Furniture, Household Equipment and Routine Maintenance of the House Index (0.28 percentage points), the Alcoholic Beverages and Tobacco Index (0.20 percentage points) and the Restaurants and Hotels Index (0.18 percentage points).

These were mainly due to higher prices of household appliances, cigarettes and restaurant services (including cafeterias and the like).

The main downward impact was recorded in the Transport Index (0.26 percentage points), mainly due to lower fuel prices.

The twelve-month moving average rate was 1.2 per cent.

  • Permalink: Inflation as measured by the HICP up slightly to 1.0% – NSO
  • You may also like...

    Leave a Reply

    Your email address will not be published. Required fields are marked *