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Ministry of Finance News and Statements

January 2010 Consumer Prices

18 February 2010

The year on year inflation rate for the month of January 2010 stood at -4.8%.

The month on month inflation rate in January 2010 was 0.7 percent, gaining 0.2 percentage points on the December 2009 rate of 0.5 percent.

This rise follows increases in prices of Food and Non Alcoholic Beverages which increased by 1.81 percentage points in January 2010, up from the December 2009 rate of 0.68 percent.

This increase was, however, offset by month-on-month non-food inflation which stood at 0.30 percent, shedding 0.09 percentage points off the December 2009 rate of 0.39 percent.

For a detailed breakdown of the January 2010 price developments, please go to our Downloads Section, under “CPI Information”.

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