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Consumer prices fell by 0.1% in November
The consumer price index (CPI) fell by 0.1% in November 2019 compared with the previous month, reaching 101.7 points (December 2015 = 100). Inflation was –0.1% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO). The decrease of 0.1% compared with the previous month can be explained by several factors including falling prices for international package holidays and hotel accommodation. The prices of fruiting vegetables and heating oil also declined. In contrast, housing rentals and prices for bedroom furniture increased.