Cold dry weather can cause a few issues - make sure you get a good contact between you and your heart rate strap. Read the following which may help if it is equipment malfunction rather than heart issues!
http://www.dcrainmaker.com/2012/12/annual-public-service-announcement-how-to-fix-heart-rate-strap-dropoutsspikes.html
Edited: 16/01/2013 at 20:49