In February, the annual rate of inflation based on the Retail Price Index stood at 1.08 per cent, the National Statistics Office said today. A year earlier the annual rate was 1.84 per cent.

The largest upward impacts on annual inflation were recorded in the Beverages and Tobacco Index (0.41 percentage points), the Recreation and Culture Index (0.28 percentage points) and the Household Equipment and House Maintenance Cost Index (0.16 percentage points), mainly due to price rises in cigarettes, books and furniture items respectively.

A downward impact was recorded in the Other Goods and Services Index (-0.04 percentage points), mainly due to jewellery items.

The twelve-month moving average rate was 1.17 per cent.

Permalink: Annual rate of inflation based on RPI stood at 1.08% – NSO