Inflation rate drops to 13.34% in March —NBS

The National Bureau of Statistics on Thursday said the country’s
Consumer Price Index which measures inflation rose by 13.34 per
cent (year-on-year) in March 2018.

The bureau in the report said the 13.34 per cent rate for March
is 0.99 percentage points less than the 14.33 per cent recorded in
February.

The report said this is the fourteenth consecutive months since
January 2017 that the country would be experiencing slowdown in
inflation.

It reads in part, “The Consumer Price Index which measures
inflation increased by 13.34 per cent (year-on-year) in March
2018.

“This fourteenth consecutive disinflation since January 2017 is
0.99 percent points less than the rate recorded in February 2018
(14.33) per cent.

“The Composite Food Index rose by 16.08 per cent (year on year)
in March 2018, down from the rate recorded in February (17.59
percent).”

More details later…

The National Bureau of Statistics on Thursday said the country’s
Consumer Price Index which measures inflation rose by 13.34 per
cent (year-on-year) in March 2018.

The bureau in the report said the 13.34 per cent rate for March
is 0.99 percentage points less than the 14.33 per cent recorded in
February.

The report said this is the fourteenth consecutive months since
January 2017 that the country would be experiencing slowdown in
inflation.

It reads in part, “The Consumer Price Index which measures
inflation increased by 13.34 per cent (year-on-year) in March
2018.

“This fourteenth consecutive disinflation since January 2017 is
0.99 percent points less than the rate recorded in February 2018
(14.33) per cent.

“The Composite Food Index rose by 16.08 per cent (year on year)
in March 2018, down from the rate recorded in February (17.59
percent).”

More details later…