The annual rate of inflation in January as measured by the Harmonised Index of Consumer Prices remained at a constant rate of 1.8%, the National Statistics Office said today.

The NSO noted that the largest annual inflation rates in January were recorded in education (4.8%) and transport (4.4%).

The lowest annual inflation rates were registered in communication (-5.2%) and furnishings, household equipment and routine household maintenance (-0.1%).

The largest upward contribution to the overall annual inflation was measured in the transport index (+0.54 percentage points) due to higher prices of air transport services, the NSO said.

The NSO said that the largest downward contribution was recorded in the communication index (-0.20 percentage points) mainly reflecting the lower prices of mobile phone services.

The 12-month moving average rate for January stood at 2.3%.

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