In January 2024, the Consumer Price Index (CPI) fell back slightly over one month: ‑0.2%, after +0.1% in December. This decrease is entirely driven by the drop in prices in manufactured products (‑1.7% after ‑0.3%), mainly those of clothing and footwear (‑9.2% after ‑0.3%). Conversely, the prices increased for tobacco (+6.5% after 0.0%), food (+0.2% after 0.0%), energy (+0.1% after ‑1.2%) and services (+0.1% after +0.6%). Seasonally adjusted, consumer prices were stable over a month in January 2024, after +0.3% in December. Year on year, consumer prices went up by 3.1% in January 2024, after +3.7% in December. This ... (full story)