The Consumer Price Index (CPI) based on prices in December 2024, is 637.2 points (May 1988=100), 0.39% higher than in the previous month. The CPI less housing cost is 511.7 points, 0.37% higher than in November 2024.
Cost of owner occupied housing (imputed rent) rose by 0.5% (effect on index 0.09%) and prices of international flights increased by 8.0% (0.14%).
The CPI is 4.8% higher in December 2024 than in December 2023 and the CPI less housing cost is 2.8% higher than one year ago.
The average CPI in the year 2024 was 627.5 points, 5.9% higher than the average in 2023. This increase corresponds to a 8.8% rise in 2023 and 8.3% in 2022.
The average CPI less housing cost was 507.8 points in 2024, 3.8% higher than in 2023. This change can be compared with 7.8% in the year 2023 and 6.1% in 2022.
The CPI compiled in the middle of December 2024, 637.2 points, is applicable for indexation purposes in February 2025.