CPI and Inflation Report April 2017

CPI and Inflation Report April 2017

The Composite Food Index rose by 19.30 percent in April 2017. On a month-on-month basis, the Food subindex increased by 2.04 percent in April, down by 0.17 percent points from 2.21 percent recorded in March. The rise in the index was caused by increases in prices ofbread, cereals, meat, fish, potatoes, yams and other tubers, coffee, tea and cocoa, milk cheese and eggs and oils and fats
The average annual rate of change of the Food sub-index for the twelve-month period ending in April 2017 over the previous twelve-month average was 17.11 percent, 0.51 percent points from the average annual rate of change recorded in March (16.60) percent.

Data source: National Bureau of Statistics

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