The consumer price index (CPI) rose 7.8% year-on-year in November, following a 6.8% increase in October.

In the initial estimate, inflation was 7.7%. Transport cost grew 24.1% yearly in November.

Prices for housing, water, electricity, gas and other fuels, and restaurants and hotels rose by 10.7% and 7.6%, respectively.

On a monthly basis, consumer prices rose 1%, matching initial estimates, down slightly from a 1.1% rise in the prior month.