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Iceland Inflation Slows In January

Iceland's consumer price inflation eased in January after rising in December, figures from Statistics Iceland showed on Tuesday.

Consumer price inflation slowed to 3.4 percent in January from 3.7 percent in December. In November, inflation was 3.3 percent.

On a monthly basis, consumer prices fell 0.4 percent in January after a 0.7 percent rise in December.

The consumer price index less housing cost eased rose 2.6 percent year-on-year after a 2.7 percent increase in December. The index fell 0.7 percent monthly in January after a 0.9 percent rise in the previous month.

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