The EU measure of the harmonized index of consumer prices, or HICP, rose 15.0% year-on-year in December, after a 15.1% increase in November.

On a month-on-month basis, the HICP increased 0.1% in December, after a 1% growth in the previous month.

The annual average HICP inflation was 12.1% in 2022. Earlier this month, the statistical office reported that consumer prices remained unchanged at 15.4% yearly in December and rose 0.2% from a month ago.