National Bureau Of Statistics: CPI Increase By 11.44%

The Consumer Price Index, CPI, which measures inflation, increased by 11.44 per cent year-on-year in December 2018. This is 0.16 percent points higher than the rate recorded in November 2018 11.28 percent.

 On month-on-month basis, the Headline index increased by 0.74 percent in December 2018, up by 0.06 percent points from the rate recorded in November 2018.

 The percentage change in the average composite CPI for the twelve months period ending December 2018, over the average of the CPI for the previous twelve month’s period was 12.10 percent

The urban inflation rate increased by 11.73 percent (year-on-year) in December 2018 from 11.61 percent in November 2018, while the rural inflation rate increased by 11.18 percent in December 2018 from 10.99 percent in November 2018.