“Inflation rate rises to 12.2%” – NBS

“Inflation rate rises to 12.2%” – NBS

The National Bureau of Statistics on Tuesday reported that inflation rose by 12.20 percent year-on-year in February.

According to the bureau, the inflation rate of 12.2 percent, is 0.07 percentage points higher than the 12.13 percent recorded in January.

The 12.2 percent index is also the highest recorded by the economy in the last 21 months.

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The NBS said the urban inflation rate increased by 12.85 percent year-on-year in February from 12.78 percent recorded in January this year.

 

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