January Consumer Price Index Declines by 0.2%, but Poor Hit by Food Inflation

Among the segments of the index contributing to the drop were clothing costs, which were 8.5% lower; shoes, down 7.4%; cellular phone service, down 2.4%; and hotels and other guest accommodations, which declined 5.9%.

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The consumer price index for January dropped 0.2%, the Central Bureau of Statistics announced Friday. Over the past year, the price index has risen by a modest 1.5%.