The Harmonised Index of Consumer Prices went down by 2.2 per cent in November over the previous month, the NSO said today.

This primarily reflected a drop of 13.3 per cent in the Restaurants and
Hotels Index, mainly due to seasonally lower prices for accommodation services.

Lower prices for package tours contributed to a decrease of 1.0 per cent in the Recreation and Culture Index. The Transport Index went down by 0.5 per cent on account of cheaper air fares. A downward shift in the price of mobile phones caused the Communication Index to go down by 0.2 per cent.

The Clothing and Footwear Index went up by 5.9 per cent, mainly due to seasonally higher priced garments. The Alcoholic Beverages and Tobacco Index rose by 0.5 per cent mainly on account of higher wine prices. A similar shift was registered in the Miscellaneous Goods and Services Index, mainly caused by higher fees for certain fi nancial services. The Health Index went up by 0.3 per cent primarily due to higher prices for some pharmaceutical products.

The Food and Non-alcoholic Beverages Index rose by 0.2 per cent due to an
upward movement in the prices of fruit and fi sh. Higher prices of household textiles led the Furniture, Household Equipment and Routine Maintenance of the House Index to edge up by 0.1 per cent.
 
In November, the 12-month moving average rate of inflation stood at 1.1 per cent and the annual rate was 0.3 per cent.