Inflation rate falls significantly in January. Goods and services cost an average of 2.9 percent more than a year earlier.

Food has recently become more expensive and energy has become cheaper. In December, the inflation rate had climbed to 3.7 percent - driven by a special effect. Consumers have recently been relieved by falling energy prices: They fell by 2.8 percent in January compared to the same month last year. The so-called core inflation – which excludes energy and food prices – fell from 3.5 to3.4 percent.