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The speed of inflation, as measured by the annual share change within the nationwide Client Worth Index (CPI) rose to three.1 p.c in September 2022.
Inflation price rose from 2.6 p.c in August 2022, experiences Maldives Financial Authority (MMA).
The most important contributors to the annual price of inflation throughout September 2022 got here from;
– Fish (0.5 share factors)
– Petrol for private transport gear (0.4 share factors)
– Meat (0.3 share factors)
– Drugs (0.2 share factors)
– Passenger transport by air (0.2 share factors)
– Eating places and cafes (0.2 share factors)
– Cell communication companies (-0.4 share factors)
– Greens (-0.2 share factors)
In the meantime, the month-to-month share change within the nationwide CPI decelerated to 0.16 p.c in September 2022, from 0.22 p.c within the previous month.
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