Inflation up 4.01pct in first 2 months of 2023

13-03-2023 12:11 PM

Ammon News - The Consumer Price Index (CPI), a measure of inflation, edged up 4.01 percent in the first two months of 2023, to 107.97 points against 103.81 in the same period of 2022.

In a monthly statistical bulletin released Monday, the Department of Statistics (DoS) noted that the fuel and lighting sub group was responsible for 31.82 percent of the index increase, while furniture, carpets and mattresses, culture and entertainment, restaurants and hotels, and oils and fats each made contributions of 10.41 percent, 10.39 percent, 9.48 percent, and 9.46 percent, respectively.

In February, inflation increased by 4.25 to 108.32 points compared to 103.90 points recorded in the same month of 2022, the figures showed.

Fuels and lighting contributed 31.82 percent to the monthly increase, followed by furniture, carpets, and mattresses with 10.39pct, culture and entertainment with 10.37pct, oils and fats with 9.52pct, and restaurants and hotels with 9.50pct.

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