-
Producer and Import Price Index with average annual inflation of +5.6% in 2022
The Producer and Import Price Index fell in December 2022 by 0.7% compared with the previous month, reaching 108.5 points (December 2020 = 100). Compared with December 2021, the price level of the whole range of domestic and imported products rose by 3.2%. Average annual inflation in 2022 reached +5.6%. These are the results from the Federal Statistical Office (FSO). Average annual inflation for 2022 corresponds to the rate of change between the annual average for 2022 and that for 2021. The annual average is equal to the arithmetic mean of the 12 monthly indices of the calendar year. In 2022, average annual ... (full story)