Inflation hits 17.33% — highest in four years

This is the highest point since April 2017.

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The consumer price index, which measures the rate of increase in the price of goods and services, increased to 17.33 percent in February.

This is the highest point since April 2017.

According to the CPI/Inflation report released by the National Bureau of Statistics (NBS) on Tuesday, the food inflation stood at 21.79 percent, the highest point since the 2009 data series began.

More to follow…

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