This makes sense. It has been one years since the war started which was the leading cause of inflation.

Now with the first year passed, we compare today’s prices to after war prices a year ago, which were already high.

I’m expecting the rate go down further the next months.

EDIT: of course I’m not suggesting inflation started on the day bullets started flying. Things were heating up before with Russia slowing down exports strategically well ahead of time and tensions were on the rise for some time.