• Prior +0.5%
  • Producer and import prices +5.1% y/y
  • Prior +5.8%

A mild drop in producer and import prices in December, which is the first since March last year. We'll see about the trend in the months ahead to have a sense of whether price pressures are peaking but for now, this isn't signifying much. The average annual inflation in 2021 hit +2.7%, owing much to an increase in prices for metal products and petroleum products.

For the year itself, prices of domestic producers rose by 1.6% while import prices rose by 5.1%.