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Consumer prices down 0.3% in February (ANSD)

16/03/2020
Source : AllAfrica
Categories: Sectors

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"This development is due to the fall in the prices of food products and non-alcoholic beverages (-0.8%),
restaurant and hotel services (-0.3%), as well as clothing and footwear (0.2%),
emphasizes in its note on the situation of the IHPC.
In annual variation, consumer prices increased by 1.9%, underlines the document consulted by
the APS.
At the same time, core inflation increased by 0.2% monthly and by 1.5% in
annual variation, indicates the same source.
According to the ANSD, the prices of local products fell by 0.9%, while those of imported products
increased by 1.0% in February 2020 compared to the previous month.
“In annual variation, they increased respectively by 1.2% and 2.4%”, we know.

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