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Consumer Price Index for 2023

The Consumer Price Index, which stood at 127.1 in December 2022, registered a net increase of 4.9 points (or +3.9%) to reach 132.0 in December 2023.

The monthly CPI changes in 2023 are shown in the chart below. Increases ranging from 0.1 point to 2.0 points were noted during January to March, May to June, in August and during November to December, with the highest increase in February 2023. Decreases ranging from 0.1 point to 0.4 point were observed in April, July and during September to October, with the highest decrease in July 2023.

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