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Increased+inflation+recorded+in+September
Tuesday, 24 October 2017 - 10:38
Increased inflation recorded in September
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Inflation, as measured by the change in the National Consumer Price Index, which is compiled by the Department of Census and Statistics has increased to 8.6 percent in September 2017 from 7.9 percent in August 2017, on a year-on-year basis.

Both Food and Nonfood categories contributed towards the year-on-year inflation in September 2017.

The change in the NCPI measured on an annual average basis increased from 6.5 percent in August 2017 to 6.8 percent in September 2017.

The Census Office said when the monthly change is considered, the NCPI increased from 122.3 index points in August 2017 to 123.3 index points in September 2017.

This monthly increase was mainly due to the increase in prices of the items in the Food category. Within the Food category, prices of coconuts, red onions, rice, limes, some fruits, big onions and sugar increased during the month.

 

 

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