DANE says CPI fell -0.15% in November

The National Administrative Department of Statistics (Dane) provided the details of the Consumer Price Index (CPI) in November. The Index was at -0.15% for november, while annual inflation reached 1.49%. The impact of the day without VAT was the main reason for observing a negative variation in the data. This effect is evidenced in the clothing and footwear division, a category that had a variation of -3.71% in which men’s, women’s and children’s clothing had discount days last month.

Source: La República