Consumers paid 4.1 per cent more in December 2022 than a year ago for the basket of goods and services included in the Consumer Price Index [CPI].
The Ministry of Economy and Labour released the December 2022 CPI from the Department of Statistics.
“In summary, during December 2022, consumers paid 4.1 per cent more than they did a year ago for the basket of goods and services included in the CPI. This level of inflation was up from the November 2022 annual inflation rate of 3.8 per cent.