Detailed Breakdown:
- 2021: The inflation rate was approximately 4.7%.
- 2022: The inflation rate peaked at 9.1% in June 2022.
- 2023: The inflation rate started to moderate but remained high, averaging around 6.5% for the year.
- 2024: The inflation rate has further decreased to around 2.4% as of September 2024.
Sources:
h/t New_Citron_1881
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