Shopping cart

Magazines cover a wide array subjects, including but not limited to fashion, lifestyle, health, politics, business, Entertainment, sports, science,

  • Home
  • Business
  • October Inflation climbs to 22.1%, marking second consecutive rise
Business

October Inflation climbs to 22.1%, marking second consecutive rise

Email :23

Inflation for October 2024 edged up slightly to 22.1%, compared to 21.5% in September, driven by increases in both food and non-food inflation.

This marks the second consecutive monthly rise following a five-month decline. Food inflation rose from 22.1% to 22.8%, while non-food inflation ticked up from 20.9% to 21.5%.

The government has set a year-end inflation target of 15%, but with only a month left, elevated risks may challenge the achievement of this goal.

Related Tag:

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts