The Producer and Import Price Index fell in December 2021 by 0.1% compared with the previous month, reaching 105.1 points (December 2020 = 100). Compared with December 2020, the price level of the whole range of domestic and imported products rose by 5.1%. Average annual inflation in 2021 reached +2.7%. These are the results from the Federal Statistical Office (FSO). Average annual inflation for 2021 corresponds to the rate of change between the annual average for 2021 and that for 2020. The annual average is equal to the arithmetic mean of the 12 monthly indices of the calendar year. In 2021, average annual ... (full story)