price increase

Inflation will be around 13 percent this year

Due to the increase in excise duties and the announced increase in the price of electricity and gas, annual inflation will amount to around nine percent in the last quarter of this year, while the growth of retail prices this year will be 13 percent, according to the forecast of the Republic Institute of Statistics (RZS). "For the last quarter of 2023, an eight percent increase in excise duties on fuel, cigarettes and tobacco products, alcoholic beverages and coffee has…