Year-on-year, prices of housing and utilities increased by 2.1 percent following a 1.3 percent growth in November. Additional upward pressure came from: Miscellaneous goods and services (+2.6 percent from +2.3 percent in the previous month) and restaurants and hotels (+1.6 percent from +1.4 percent). By contrast, cost of transportation (-4.3 percent from -5.3 percent in the previous month), furnishings and household equipment (-1.5 percent from -2.3 percent) and food and non-alcoholic beverages (-1 percent from -1.3 percent) dropped at a slower pace.
On a monthly basis, consumer prices decreased slightly by 0.1 percent, easing from a 0.2 percent drop in the previous month. The biggest price decreases were reported for: Alcoholic beverages and tobacco (-1.6 percent) and transport (-0.3 percent). Meanwhile, there were increases in miscellaneous goods and services (+0.5 percent) and furnishings, household equipment and routine household maintenance (+0.4 percent).
The harmonized index increased by 0.2 percent compared to a year earlier while declined by 0.1 percent in the month.
The annual average rate of inflation in 2015 was recorded at -0.3 percent. This compares to a rise of 0.2 percent for 2014, 0.5 percent for 2013 and 1.7 percent for 2012.