Inflation up 1.16%

The Composite CPI for November (105.05) grew by 1.16% year-on-year, according to Statistics and Census Service (DSEC). The increment was attributed to increases in costs associated with eating out, rising tuition fees, as well as increases in prices of clothing and liquefied petroleum gas. For the 12 months ending in November, the average Composite CPI grew by 0.88% from the previous period, and the price indices of Education (+8.67%) and Recreation & Culture (+4.06%) showed notable growth.