Record-low inflation continues to provide the central bank with room to cut further its key lending rate from the current level of 7.75 percent.
Within the goods component, food inflation was unchanged at 1.1 percent; while prices of non-food products rose by 2.8 percent, faster than a 2.7 percent gain in November. Also, cost of services went up by 4.4 percent after a 4.3 percent increase in the previous month.
On a monthly basis, consumer prices increased by 0.4 percent, following a 0.2 percent gain in November and also missing expectations of 0.5 percent. Prices rose faster for food (0.6 percent from 0.2 percent in November) and services (0.3 percent from 0.1 percent) while non-food inflation was unchanged at 0.3 percent.