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1. The Consumer Price Index, which stood at 106.1 in December 2020, registered a net increase of 7.2 points (or +6.8%) to reach 113.3 in December 2021. The main reasons for the net increase in CPI during the year 2021 were:
2. The headline inflation rate increased from 2.5% in year 2020 to 4.0% in year 2021.3. The headline inflation rate excluding 'Alcoholic beverages and tobacco' increased from 2.7% in year 2020 to 3.7% in year 2021.
Ministry of Finance, Economic Planning and Development
14 January 2022