Year-on-year, prices rose less mainly for housing (5.18 percent compared to 6.26 percent in December) while food cost continued to fall (-1.49 percent compared to -1.87 percent). On the other hand, transport cost accelerated (4.4 percent compared to 4.1 percent).
On a monthly basis, consumer prices rose 0.29 percent, the least for a January month since the series began in 1980 and the below 0.44 percent in December and forecasts of 0.41 percent. Main downward pressure came from cost of housing (prices fell 0.85 percent), namely electricity (-4.73 percent) amid lower fees and clothing (-0.98 percent). On the other hand, upward pressure came from food and beverages (0.74 percent compared to 0.54 percent in December), namely tomatoes (45.71 percent), carrots (18.54 percent) and potatoes (10.85 percent). Transport made the second highest upward contribution (prices up 1.1 percent compared to 1.23 percent in December), namely gasoline (2.44 percent), ethanol (3.55 percent) and public bus.