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Sunday, 3 January 2016

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Inflation up in November

Inflation as measured by the change in the NCPI (2013=100) increased to 4.8 percent in November, compared to 3.0 percent in October, on an year-on-year basis.

The NCPI increased by 2.6 percent from October to November 2015. The monthly increase was mainly due to the increase in prices of the items in the food and non alcoholic beverages category. Prices in clothing and footwear; furnishing, household equipment and routine household maintenance; transport; health; and miscellaneous goods and services categories also increased during the month. Prices of alcoholic beverages, tobacco and narcotics; and housing, water, electricity, gas, and other fuels categories decreased. Meanwhile, prices of Communication; Recreation and Culture; Education; and Restaurants and Hotels sub groups remained unchanged on average.

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