Year-on-year price increases were recorded for electricity, gas and water (5.6 percent); housing (5.5 percent); meals bought away from home (4.2 percent); food (excluding meals bought away from home) (4.1 percent); miscellaneous services (3.5 percent); miscellaneous goods (3.2 percent); transport (2.2 percent); clothing and footwear (1.9 percent) and alcoholic drinks and tobacco (1.5 percent).
In contrast, price decrease was recorded for durable goods (-3.1 percent).
A Government spokesman said that inflation pressure remained largely contained. Taking January and February 2014 together to neutralize the distortions by the timing of the Lunar New Year, the underlying inflation rate averaged 4.0 percent, same as in the fourth quarter of last year. Also, it is worth noting that in February prices of fresh vegetables rose faster amid cold weather, while the rise in private housing rentals continued to moderate.