Economists expect that the consumer price index for November, to be published on Monday, is expected to be close to minus one percent, which would be the largest drop in three years. The dramatic drop in energy prices as well as fall in the price of food items, particularly, fruit an vegetables, are the main reasons for the expected deflation.
More deflation is expected in the December rate, bringing down the annual inflating rate slightly above the maximum target of 3 percent.