Breaking News
Inflation rate surpasses analysts’ projections, rises to 24.08 %
The National Bureau of Statistics, NBS said the headline inflation rate rose year-on-year (YoY) by 1.29 percentage points to 24.08 percent in July, from 22.79 percent in June 2023, surpassing analysts’ projections of a 23 percent threshold for the review period.
The bureau disclosed this in its Consumer Price Index, CPI, report for July 2023 released today.
….Details later
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