The annual rate of inflation as measured by the Harmonised Index of Consumer Prices in December was registered at 1.3 per cent, down from 1.5 per cent in November.

The National Statistics Office said the 12-month moving average rate for December increased to 1.3 per cent.

The largest upward impact mainly reflected higher furniture prices. The largest downward impact was attributed to lower prices of garments.

Sign up to our free newsletters

Get the best updates straight to your inbox:
Please select at least one mailing list.

You can unsubscribe at any time by clicking the link in the footer of our emails. We use Mailchimp as our marketing platform. By subscribing, you acknowledge that your information will be transferred to Mailchimp for processing.