There was relative stability amid ongoing challenges from general inflation driven by rising costs of non-food items.

The annual inflation rate rose to 26.5% by the end of 2024, mainly propelled by an increase in inflation for non-essential goods.

Food inflation continued its contraction, declining to 27.3%, its lowest rate, due to pressures on food prices.

The increase in annual inflation for non-food goods was also observed as a result of continuous fluctuations in medicine prices, leading to higher inflation in medical products and healthcare services.