Planning Ministry Records 2.5 Percent Retail Price Increase For September/Octocber 2022

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Planning Ministry Records 2.5 Percent Retail Price Increase For September/Octocber 2022

The Index for Food and Non-Alcoholic Beverages increased from 141.5 in September 2022 to 145.1 in October 2022, reflecting an increase of 2.5%.

The Corporate Communications Unit of the Ministry of Planning and Development says contributing significantly to this increase was the general upward movement in the prices of tomatoes; carite – fresh; pumpkin; white flour; hot peppers; cheddar cheese; table margarine; chive; celery and carrots.

However, the full impact of these price increases was offset by the general decreases in the prices of eddoes; garlic; melongene; ochroes; cucumber; milo; grapes; green sweet pepper; oranges and powdered milk- full cream.

A further review of the data for October 2022 compared with September 2022 reflected a decrease in the sub-index for Alcoholic Beverages and Tobacco of 4.0%.

The index said an increase was noted in Clothing and Footwear of 1.6%; Housing, Water, Electricity, Gas and other Fuels of 3.1%; Furnishings, Household Equipment and Routine Maintenance of the House of 6.5%; Health of 1.1%; Transport of 6.1%; Communication 2.3% ; Recreation and Culture of 5.0%; Hotels, Cafés and Restaurants of 7.4%; and Miscellaneous Goods and Services of 6.6%.

All other sections remained unchanged.

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