Latest information released by the National Bureau of Statistics (NBS) stated that the consumer price index, (CPI) which measures inflation has increased by 11.25 per cent (year-on-year) in March 2019.
This is 0.06 percent points lower the rate recorded in February 2019 (11.31) per cent. Increases were recorded in all COICOP divisions that yielded the Headline index.
On month-on-month basis, the Headline index increased by 0.79 per cent in March 2019, this is 0.06 per cent rate higher than the rate recorded in February 2019 (0.73) per cent.
The percentage change in the average composite CPI for the twelve months period ending March 2019 over the average of the CPI for the previous twelve months period was 11.40 per cent, showing 0.16 per cent point from 11.56 per cent recorded in February 2019.
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