The average annual rate of inflation for the 12 months to December 2023 [i.e. comparing the average CPI for the 12 months from January 2023
– December 2023; with the average for the 12 months from January 2022 – December 2022] stands at 2.4 percent while the month-on-month inflation rate [compared with December 2022] stands at 5.1 percent.
