NewsWhore
02-16-2009, 12:50 PM
Inflation for January 2009, as measured by the Consumer Price Index (CPI) registered at 0.28% for the month of January, which is a slight decrease from December and January 2008. The Central Bank (CB) attributes the drop to a decrease in the value of fuel purchases. The CB says that January's CPI is based on the increase in prices of chicken (2.16%), rice (2.21%), milk (6.81%), eggs (3.86%), pork meat (4.05%) and alcohol and tobacco (7.04%), amongst other goods. Annualized inflation is at 3.68%, much lower than that at January 2008, when it was 9.05%.
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