Consumer prices fell by 0.3% in January
The consumer price index (CPI) fell by 0.3% in January 2019 compared with the previous month, reach-ing 101.3 points (December 2015 = 100). Inflation was 0.6% compared with the same month of the pre-vious year. These are the results of the Federal Statistical Office (FSO). The decrease of 0.3% compared with the previous month can be explained by several factors including falling prices for clothing and footwear due to seasonal sales. The prices of heating oil also declined, along with prices for medicines. In contrast, prices for hotel accommodation and for electricity increased.