According to analysts, fuel prices and inflation increased due to Chinese swine fever in December
Analysts explained high inflation in December with the low base effect of fuel prices a year before and the soaring food prices caused by the Chinese swine fever epidemic.
According to a report released by the Central Statistical Office (KSH) on Tuesday, consumer prices rose 3.4 percent year-on-year and were 4.0 percent higher in December than a year before. Core inflation was 3.9 percent in December last year, 0.1 percentage point lower than in November. (MTI)
Related news
KSH: industrial production decreased by 4.9 percent in June compared to the same period of the previous year and by 1.2 percent compared to May
In June 2025, the volume of industrial production fell by…
Read more >End of the century: drought drove up food prices in July
In July, annual inflation slowed to 4.3 percent, while on…
Read more >Chinese inflation surprises – consumer prices stagnate in July
Consumer prices in China remained flat in July, the country’s…
Read more >Related news
Lidl Switzerland Sees ‘Record’ Growth In Cheese Exports In 2024
Lidl Switzerland saw record cheese export growth in 2024, marking…
Read more >Non-alc beer brand Heaps Normal gets Robbie Williams backing
The brand’s “core range” is being rolled out across “select…
Read more >Arla Foods invests in Bahrain cheese production expansion
The dairy group expects the investment to boost the Bahrain…
Read more >