At the end of November 2024, consumer prices rose slightly by 0.1% compared to the previous month and by 4.6% on average over the last twelve months. This increase is mainly supported by the increase in the prices of local goods and services.
Compared to the previous month, household consumer prices recorded a slight increase of 0.1%, after an increase of 0.3% observed in the previous month. This increase in prices is mainly due to the 0.3% increase in transport costs, a 0.3% increase in the prices of the “housing, water, gas, electricity and other fuels” component, a 0.4% increase in the prices of clothing and footwear and a 0.4% increase in the costs of restaurants and hotels. On the other hand, food prices fell by 0.3%, mitigating the impact of the increase in prices of other categories on the general price level. The decline in food prices was mainly due to lower prices for fresh fruit and root vegetables, pulses and oilseeds, and tubers and plantains, due to better availability in markets during the month. Year-on-year, inflation remained stable at 4.5% in November 2024; level unchanged from October 2024.
