Prices of goods fell to -0.1 percent (from +0.3 percent in January), while the annual rate of services cost rose to 1.2 percent (+1.1percent in the previous month). Cost of grocery and unprocessed food rose by 1.0 percent on annual basis (down from +1.3 percent in January 2014) and energy prices dropped further by 3.3 percent (-2.2 percent in January).
On a monthly basis, prices fell 0.1 percent, mainly due to a drop in cost of fresh vegetables and fresh fruit (respectively -4.4 percent and -0.7 percent compared with January 2014) ? on which seasonal factors had an impact ? and to prices of non-regulated energy products (-0.9 percent). A 0.7 percent fall in prices of services related to communication also had a downward impact.
Core inflation was stable at 1.0 percent. Excluding only energy, the inflation was stable at the same value observed in January 2014 (+1.0 percent).
The EU harmonized CPI decreased by 0.3 percent compared with the previous month and rose by a revised 0.4 percent with respect to February 2013 (the flash estimate was 0.5 percent).