Annual headline inflation rose from 2.4% in November to 3.0% in December. As a result, inflation remains 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, edged up from 0.2% in November to 0.5% in December. Annual core inflation rose to 2.4%, which was up from the 2.2% increase recorded in the previous month.
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