"CURRENT INFLATION, HIGHEST IN 11 YEARS" - NATIONAL BUREAU OF STATISTICS



The National Bureau of Statistics (NBS) has reported that Inflation hit 18.55per cent last month in the country from 18.48 per cent in November.

According to NBS, the rate is the highest in 11 years.

Prices of food items in particular kept rising,the NBS said in a report .

The highest increases in price were recorded in bread, cereals, fish, meat, oil and fat.
Inflation rate moved from 9.55 percent in December 2015 to 18.55 by December 2016, defying predictions that put 2016 year-end inflation at 12 percent.

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