Central Bank Records Headline Inflation At 6.2 Percent For September 2022

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Central Bank Records Headline Inflation At 6.2 Percent For September 2022

The latest available data from the Central Statistical Office put headline inflation at 6.2 per cent (year-on-year) in September 2022.

The Central Bank says this is, slightly lower than the 6.3 per cent in the previous month.

It said food inflation was registered at 11.6 per cent, while core inflation (excluding food items) measured 4.8 per cent in September.

External influences continued to dominate the trajectory of domestic inflation in the first nine months of 2022.

A combination of imported commodity prices, flooding and the impact of the reduction in the subsidy on local fuel prices is expected to lead to further price rises during the final quarter of this year.

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