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Consumer prices in February: Annual inflation down from 1.9% to 1.7%
04-03-2020 | STATEC


Following the monthly decrease in January due to winter sales, the consumer price index, compiled by STATEC, is increasing by 1.3% in February. However, when neutralizing the effect of higher prices due to the end of the winter sales period, the index decreases by 0.2% compared to the previous month. This movement is mainly explained by a fall in prices of oil products. The annual inflation rate is increasing to reach 1.7% in February.