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The inflation rate according to the CPI was 0.8 percent in December 2024, down from 1.6 in November. The one-month percent change in CPI was 0.0 percent from November to December. Decreasing energy prices are contributing to a lower inflation rate in December. The inflation rate according to the CPIF (Consumer Price Index with fixed interest rate) was 1.5 percent in December, down from 1.8 percent in November.