Annual CPI inflation dropped to 5,8% in November 2014 from 5,9% in October.\u00a0 Petrol and food prices, which are key drivers of changes in the CPI both showed lower annual inflation rates.\u00a0 Food inflation continued its slowing trend with a 7,7% annual rate compared to 8% in October.\u00a0 The main drivers of the steadily declining food inflation have been the bread and cereals (5,5%), and\u00a0oils and fats (-1,7%)\u00a0groups.\u00a0 Meat and dairy products on the other hand continue to show steady inflationary pressures.\u00a0 Meat inflation stood at 9,1% and dairy products at 12,9% in November.\u00a0 Hot beverages increased by 8,3% year on year.<\/p>\n
The petrol price dropped by 45c\/l in November, the third successive monthly drop and the cheapest since November 2013.\u00a0 Annual petrol inflation now stands at 1,2%.<\/p>\n
Restaurants and hotel prices increased strongly in November. Hotel\u00a0inflation reached 9,2% in November, 5,6% of which has accumulated over the past four months.\u00a0 Restaurant prices increased by 1,1% in November\u00a0pushing the annual rate to 9%.\u00a0 The prices of alcoholic beverage in restaurants have increased by 18,6% over the past year, compared to only 7,2% when bought in a shop.<\/p>\n
Download full publication here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Annual CPI inflation dropped to 5,8% in November 2014 from 5,9% in October.\u00a0 Petrol and food prices, which are key drivers of changes in the CPI both showed lower annual inflation rates.\u00a0 Food inflation continued its slowing trend with a 7,7% annual rate compared to 8% in October.\u00a0 The main drivers of the steadily declining read more »<\/a><\/p>\n