Iceland's Consumer Price Index (CPI) decreased by 0.35 percent as of the middle of November, according to the statistics issued on Thursday by Statistics Iceland.

The statistics showed the CPI in November was 429.4 points, down 0.35 percent compared with 430.9 points in middle of October.

Among factors influencing the CPI were the international airfares that decreased by 13.7 percent, and the prices of food and non-alcoholic beverages decreased by 0.7 percent.

Price statistics are based on price collection that takes place for at least one week in the middle of each month.