Food prices push inflation rate higher by 0.16% in December – NBS

THE increases in food prices during the Yuletide may have significantly impacted on the Consumer Price Index, (CPI) in the month of December 2018 as the headline inflation rose by 0.16 percent Year on Year (YoY) to 11.4 percent. Financial analysts have also projected that the ongoing presidential election campaign would put more pressure on the general price level of goods and services in this month leading to further rise in the inflation.