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Inflation rises to 18.55% – NBS

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Inflation rises to 18.55% – NBS


Inflation rises to 18.55% – NBS

On Friday, the National Bureau of Statistics released the Consumer Price Index, which measures inflation, with the index rising by 18.55% in the month of December, an increment of 0.07% over the 18.48% recorded in November 2016.

The report attributed the increase in the inflation rate to a rise in the price of electricity, housing, water, clothing, footwear and education.

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Well Noted…

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