November’s annual rate of inflation was 0.20% down from 3.05%

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November's annual rate of inflation was 0.20% down from 3.05%In November, the annual rate of inflation stood at 0.20 per cent, down from 3.05% in 2012, the National Statistics Office said today.

The largest upward impacts to the annual inflation were recorded in the Beverages and Tobacco Index (0.27 percentage points), the Recreation and Culture Index (0.20 percentage points) and the Personal Care and Health Index (0.19 percentage points) mainly due to price rises in cigarettes, books and newspapers, and hygienic articles respectively.

The biggest downward impact to the annual inflation came from the Transport and Communication Index (-0.80 percentage points), mainly due to price reductions in communication services and equipment, motor vehicles and fuels.

The twelve-month moving average rate was 1.52 per cent.

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