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Thursday, November 01, 2012 - 06.22 GMT
Inflation decelerates further in October


Inflation declined to 8.9 per cent in October 2012 from 9.1 per cent in the previous month due to lower food prices, says the Central Bank.

The contribution to the monthly decline in the Index came mainly from price decreases in the Food category (by 1.3 per cent). The prices of many varieties of vegetables, fish and sea food, big onions, red onions, potatoes, eggs and some varieties of fruits decreased during the month, the Bank further said.

Meanwhile, the prices in the sub-categories of Health and Communication were unchanged during the month.






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Last modified: November 01, 2012.

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