The NBS has released its August inflation report to show – Headline rate 17.01% y/y (17.38% in July): Core rate 13.41% y/y (13.72%); and Food rate 20.30% y/y (21.03%). August’s headline reading declined by 37bps (when compared with the previous month) to 17.01% y/y. Food inflation also recorded a decline (of 73bps). The highest …
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