Inflation down 1.5% in November
Deflationary pressures were partially contained in November, compared to the past seven months with the Harmonized Index of Consumer Prices declining for the 12th consecutive month.
The inflation rate for November decreased at a rate of -1.5% compared to -1.8% in October, according to the Statistical Service.
The corresponding November 2014 was 0%.
The fluctuation of the deflation over the past seven months was between 1.7% and 2.4%. After July 2015, when the HICP dropped 2.4%, a de-escalation of deflationary pressures is being observed.
In January-November, inflation stood at -1.6%, compared with the corresponding period last year.