CPI inflation increases to 26.6% in October
The Consumer Price Index (CPI) increased to 26.6% on year-on-year (YoY) basis in October 2022 as compared to the corresponding month of last year. On month-on-month basis, it increased to 4.7% in October 2022 as compared to a decrease of 1.2% in the previous month (September) and an increase of 1.9% in October 2021. The…
International developments, inflation impacting economic activities: Outlook
Among the determining factors of current trends in both international and domestic inflation are supply chain issues and surging international commodity prices Although the economic recovery is underway, the international developments and persistent high domestic inflation might impact domestic economic activities, says Monthly Economic Update and Outlook, April 2022 released here on Friday. “The domestic…