The slowdown in the rate of inflation (third consecutive) is mainly due to the further slowdown in prices of non-regulated energy goods, which are experiencing a monthly downturn of 0.7% and an annual growth rate of 7.7%, from 11.6% in November.
Compared to December 2011, the growth rate of prices of goods was down to 2.7% from 2.9% the previous month, and the prices of services rose to 2.0% (from 1.9% in November). Consequently, the inflation differential between goods and services is reduced by three-tenths of a percentage point in November. The prices of products purchased most frequently by consumers increased 0.1% on a monthly basis and 3.1% with a marked slowdown from 3.5% in November.
The average annual inflation rate for 2012 was 3.0%, an acceleration of two-tenths of a percentage point from 2.8% recorded for 2011. In December 2012, the Harmonised Index of Consumer Prices increased by 0.3% on a monthly basis and 2.6% on an annual basis (the same value recorded in November). The final data confirm preliminary estimates. The average annual growth rate relative to 2012 was 3.3%, accelerating from 2.9% in 2011.