The energy sector experienced a 0.4 per cent increase over the month, driven by notable rises in both the electricity and gasoline indexes, which helped counterbalance a decrease in the natural gas index. Similarly, the index for all items excluding food and energy maintained a consistent growth, matching November's 0.3 per cent increase.
Over the year, the all-items index reported a 3.4 per cent rise for the 12 months ending December, surpassing the 3.1-per cent increase recorded for the year ending November. The index for all items minus food and energy saw a 3.9 per cent increase over the past 12 months, slightly down from the 4 per cent escalation observed in the previous year. Specifically, the apparel index climbed by 1 per cent over the year. In contrast, the energy index faced a 2 per cent decrease for the year ending in December, as per the bureau.
ALCHEMPro News Desk (DP)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!
marketing@alchempro.com
