2023-12-25T09:05:01+00:00
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/ The Ministry of Planning announced, on Monday, a slight increase in the inflation rate during last November, while confirming a decline in inflation during the current year compared to last year.
The Ministry’s official spokesman, Abdul Zahra Al-Hindawi, said in a statement received by Agency, “The rate of increase in inflation during the month of last November amounted to 0.2% compared to the previous month, where the rate of increase in October was 0.1%.”
He stated that “the annual inflation rate monitored by the Statistics and Geographic Information Systems Authority (formerly the Central Bureau of Statistics) recorded a decline during the month of November compared to the same month of last year 2022.”
He pointed out that “the increase in the annual inflation rate reached 4% compared to 4.1% in the previous month of October.”