Analysts: food and durable goods have raised inflation in December

By: Trademagazin editor Date: 2022. 01. 17. 11:45

Analysts told MTI that inflation had not slowed last December in spite of expectations. A lot is expected from the January indicator, because the revaluations at the beginning of the year will be decisive for the development of consumer prices this year.

Inflation did not slow down at the end of the year

According to a report released by the Central Statistical Office (KSH) on Friday, consumer prices were on average 7.4 percent higher than a year earlier in December last year, 0.3 percentage points higher than a month earlier. For the year as a whole, they grew by an average of 5.1 percent over the previous year. Core inflation rose to 6.4 percent in December from 5.3 percent in November. (MTI)