Urban CPI increased by 6.4 percent on annual basis (December 2023 compared to December 2022) and it decreased by 2.5 percent on monthly basis (December 2023 to November 2023). The annual average inflation rate between December 2023 and December 2022 was 14 percent.
On annual basis, the local goods index increased by 6 percent, the imported goods index increased by 7.8 percent, the fresh products index increased by 11 percent, the energy index increased by 0.5 percent and the core index or the general index excluding fresh products and energy increased by 5.7 percent.
On monthly basis, the local goods index decreased by 3 percent, the imported goods index decreased by 1 percent, the fresh products index decreased by 9.5 percent, the energy index decreased by 3.4 percent and the core index decreased by 0.1 percent.