Browsing Tag
January 2023
1 post
Inflation spikes to 8.7% in January 2023, highest in almost 15 years
The state statistics bureau reported on February 7 that inflation increased in the previous month, which was unexpected as the government had predicted a slowdown. The increase was mainly due to higher costs for water, electricity, and housing rental rates, as well as the continued rise in the prices of food, vegetables, and non-alcoholic beverages.