Retail inflation rose to a 6-month high of 5.59% in December on strong food prices
Retail inflation in December 2021 increased to a six-month high of 5.59% from 4.91% in November 2021, mainly due to a sharp increase in food prices as food inflation during the period viewed review also increased sharply to 4.05% compared to 1.87%. cents in November 2021.
The increase was quite strong when compared to December 2020 as well as in the previous year period, retail inflation was at 4.59% while food inflation was at 3.41%.
According to data released by the Ministry of Statistics and Program Implementation, prices of cereals, egg products, milk and ready-to-eat meals increased in December 2021.
In addition to these items, prices for clothing and footwear, education, healthcare as well as entertainment and transport activities also saw an increase in December 2021 compared to November 2021. .