It was the highest reading since July of 2000, amid surging energy and raw materials prices, underpinned by the war in neighboring Ukraine.

Main upward pressure came from transport (24.1%); housing, water, electricity, gas, and other fuels (17.7%), restaurants and hotels (12.7%) and food and non-alcoholic beverages (9.2%).

On a monthly basis, consumer prices rose 3.3%, compared to initial estimates of 3.2%.

Considering the first quarter of 2022, consumer prices advanced 9.7% from the previous year and 3.8% from the fourth quarter of 2021.