A 3.4 percent deflation was registered in 2015, for the first time in the post-war era. The Consumer Price Index (CPI) dropped to 95.92 in December from 99.29 in the same month of 2014, mainly due to lower fuel and transportation costs resulting from lower oil prices.
Prices of the water, electricity, gas and other fuels category plunged by18 percent over the period, according to the Central Administration of Statistics (CAS). This category, which has a weight of nearly 12 percent in the ...
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