December inflation may surpass 30% due to gas price hike
In December, inflation is expected to surpass the 30 percent threshold, driven by the recent increase in gas prices and the persisting adverse base effect, which continues to impact the consumer price index (CPI). The headline inflation for December is projected to settle at approximately 30.11 percent year-on-year (YoY) and 1.18 percent month-on-month (MoM), in…