Inflation Increases to 8.86 Percent in January 2016

The annual inflation rate increased in January 2016 to 8.86 percent from 8.85 percent in December 2015, the statistics agency has stated in a release. The depreciation of the Leone has been the major reason for the increase in prices of all the commodities in the consumer pricing index across the country.
The annual rate of inflation increased from 10.40 percent in December to 10.67 percent in January in the Northern Region. In the Western Region, it decreased from 8.72 percent in December to 8.49 percent in January. In the East inflation climbed from 9.47 percent to 9.79 percent and in the South from 8.14 percent to 8.42 percent.
Monday March 07, 2016

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