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%
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