NewsWhore
03-17-2008, 03:30 PM
According to the Central Bank, the Consumer Price Index (CPI) was down just a fraction in February (0.03%) in relation to January. Inflation for the first two months of the year, according to the Central Bank, was just 1.06%. A major factor in the decrease in the index was a series of lower prices for food, drinks and tobacco, which is a third of the CPI. Rising prices of raw materials and fuels were offset by the lower prices for foodstuffs. The inflation rate from February 2007 to February 2008 was pegged at 8.68%.
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