Iceland's consumer price inflation remained stable in January, data released by Statistics Iceland showed on Tuesday.
The consumer price index rose by 4.2 percent year-on-year in January, equaling the pace seen in December. In November, prices rose by 4.5 percent.
Clothing and footwear prices fell by 14 percent due to winter sales and prices of furniture and household equipment decreased by 2.4 percent.
Sequentially, the CPI edged up by 0.3 percent month-on-month in January after remaining stable in December.
Excluding housing cost, the CPI rose 5 percent annually and edged up 0.21 percent from December.
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