The annual inflation rate will fall to 3.7% in the first quarter of 2025, but rise to 4.5% in the second quarter

The annual inflation rate will fall to 3.7% in Q1 2025, but rise to 4.5% in Q2, to drop again at 3.8% at the end of Q3 and 3.5% at the end of Q4 of next year, according to the Report on inflation of November 2024. ‘Under these conditions, the annual rate of inflation will be 4.9% in December 2024, it will reach at the end of last year the upper end of the target range (3.5%) and will fall to 3.3 % ...

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