Year-on-year, inflation increased to 1.3 per cent in November, up from 1.2 per cent in October. The slower decline in energy prices (-0.7 per cent) offset moderating food inflation (+0.2 per cent). Core inflation rose slightly to 1.5 per cent from 1.4 per cent, and the Harmonised Index of Consumer Prices (HICP) grew by 1.7 per cent annually.
Energy prices fell less sharply (-0.7 per cent), with a smaller drop in petroleum products, while electricity prices surged (+9.5 per cent). Manufactured goods saw a slight decline (-0.3 per cent), with clothing, footwear, and health products contributing to the decrease. However, vehicle prices and household utensils showed notable acceleration.
ALCHEMPro News Desk (RKS)
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