Macedonia's annual inflation slows in Jan

Macedonia's annual inflation slows in Jan Marjan Lazarevski/CC BY-ND 2.0

SKOPJE (Macedonia), February 14 (SeeNews) - Macedonia's consumer prices rose 1.1% year-on-year in January, after increasing by an annual 2.4% in the previous month, the state statistical office said on Tuesday.

The prices of food and non-alcoholic beverages, which have the largest weight of 39% in the consumer basket, grew 0.6% on the year in January, slowing from a 2.0% increase in December, the statistical office said in a statement.

The prices of housing, water, electricity, gas and other fuels, which have the second-largest weight of 13.6%, edged up 0.1% year-on-year in January after rising by 0.2% in December.

Prices in the transport segment, with 8% weight in the consumer basket, added 5.3% on the year, following a 8.4% rise in the previous month.

On a monthly comparison basis, consumer prices edged down 0.4% in January, after rising 0.1% in December.

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