Year-on-year, upward pressure came from cost of clothing and footwear (+8.1 percent) mainly due to a rise in prices of cotton; housing, water, electricity, gas and fuels ( +5.84 percent) and food and non-alcoholic beverages (+2.53 percent). The transport index registered the only negative contribution (-6.02 percent).
On a monthly basis, the inflation rate fell 1.01 percent, compared to a 0.51 percent shortfall in the previous month, driven by a 2.84 percent decline in transport cost and a 2.3 percent drop in food prices. Price of housing, water, electricity, gas and fuels remained almost unchanged (+0.02 percent).
Core inflation (excluding food and energy) increased by 6.7 percent in December of 2014 compared to 6.9 percent in November of 2014. The month-on-month rate was unchanged at - 0.5 percent.
A year ago, inflation rate was recorded at 9.2 percent.