Analysts: inflation may have peaked in November

By: Trademagazin editor Date: 2021. 12. 09. 11:28

Inflation may have peaked in November, MTI analysts said, but expect only a slow decline and continued monetary tightening.

Analysts say inflation may have peaked in November

According to a report released by the Central Statistical Office (KSH) on Wednesday, consumer prices were on average 7.4 percent higher in November than a year earlier. The last time inflation was at least as high in December 2007. Core inflation was 5.3 percent, 0.6 percentage points higher than the previous month. (MTI)