Statistics Dept: Floods caused higher food prices, inflation
Published: Jan 21, 2022 7:04 AM | Updated: Jan 21, 2022 8:20 AM
Annual inflation rose 2.5 percent last year, a marked increase from the 1.2 percent deflation experienced in 2020.
According to the Statistics Department, the consumer price index (CPI) for Dec 2021 also shot up 3.2 percent when compared to the same month in 2020.
This increase surpassed the average monthly CPI inflation rate over the past...
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