consumer price index excluding perishables dropped 1.3 % in January
2010 compared with the same month of last year, marking the eleventh
consecutive month of year-on-year decline, according to a report
by the Ministry of Internal Affairs and Communications issued
on February, 26 2010.
The CPI stood at 99.2 against the base of 100 for 2005, the lowest level in about
17 years since it registered 99.0 in March 1993. The figure indicates a continuing
deflationary trend due to price competition.
The CPI excluding food and energy dropped 1.2 % from a year ago to 97.5, marking
a year-on-year decline for 13 months in a row.
Meanwhile, the industrial production index in January rose 2.5 % over the previous
month to a seasonally adjusted 91.9, against the base of 100 for 2005, according
to a preliminary report of the Ministry of Economy, Trade and Industry also issued
on February 26. It was the eleventh consecutive month-on-month increase.