December 2024 inflation: How did prices and pensions develop?
Inflation accelerated again in the last month of 2024, reflected in the average consumer price and purchase quantities of many products. The 4.6% consumer price index in December and the 5.4% increase in food prices were the highest values of 2024. These figures highlight the significant impact of the monetary deterioration on living standards, especially for pensioners.
Inflation and the situation of pensioners
Pensioners were particularly affected by the price increase. The inflation index for pensioners rose to 4.5% from 3.7% in November, which was the highest value of the year. This trend was observed across all population groups:
Low-income households: 3.7% → 4.4%
Middle-income households: 3.6% → 4.5%
Households with three or more children: 3.8% → 4.7%
High-income households: 4.2% → 5.0%
Related news
Frost hits Hungarian orchards – season starts with price hike and supply shortage
As May marks the last month of spring and the…
Read more >
Food inflation in Turkey slowed slightly in April
In Turkey, annual inflation slowed to 37.86 percent, the lowest…
Read more >
Eurozone inflation rose slightly in April
Eurozone inflation in April was higher than expected and unchanged…
Read more >Related news
North Macedonian Discounter Stokomak Expands To Serbia
North Macedonia’s hard discounter Stokomak has launched its first Serbian…
Read more >
Barilla debuts Al Bronzo collection
Barilla has announced the return of its Al Bronzo pasta…
Read more >
Dark patterns are spreading in e-commerce – and official action against them is also more frequent
Urging, pressuring, hiding costs or “trickling” them – dark patterns…
Read more >
