Inflation in December 2013 eases to 1.5% from 2.6% in November - TopicsExpress

Inflation in December 2013 eases to 1.5% from 2.6% in November 2013. This lower inflation rate is due mainly to the decline in private road transport costs. Therefore, the core inflation (excludes accommodation and private road transport costs), in December was higher at 2%, though still lower than the 2.1% in November. The overall inflation in 2013 is lower at 2.4%, compared to 4.6% in 2012. The core inflation in 2013 is 1.7%, down from 2.5% in 2012.

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