Alina Catarina

Consumer Price Index 2024 Literature Review Article. It can include anything from a loaf of bread to a. The headline consumer price index, yoy basis, increased by 5.6% in november and 5.7% december 2023, following relatively lower rates in the previous two months.

The higher inflation rate in november and december was due to food inflation at 8% and 8.7%, respectively. Inflation persisted in 2023, albeit at a decelerating rate compared with 2021 and 2022.