Annual headline inflation rose from 1.5% in October to 2.4% in November. As a result, inflation is within the Central Bank’s target range of 3.0% plus/minus 1.0 percentage point. The core inflation index, which excludes volatile categories such as oil, fresh fruit and vegetables, inched down from 0.3% in October to 0.2% in November. Annual core inflation rose to 2.2%, up from the 1.8% increase recorded in October.
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