Wednesday, January 24, 2018

Inflation up 4.5 percent. Driven by commodity prices, higher euro


The annual inflation proxy rate increased to 4.48 percent in 2017 from -0.82 percent in the previous year, according to the Central Administration of Statistics (CAS).

The Consumer Price Index (CPI) rose five percent in December compared with the same month in 2016. The prices of all categories of goods and services that compose the CPI increased over the same period.

The Institute of International Finance (IIF) said in its 'Economic Views' report released in December: "Inflationar...

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