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Inflation drops to 11.22% - The Nation

Inflation dropped to 11.22 per cent last month, compared to 11.40 per cent in May, the National Bureau of Statistics (NBS) announced yesterday.

A separate food price index showed inflation at 13.56 per cent in June, compared to 13.79 per cent the previous month.

The NBS report put the Consumer Price Index (CPI) which measured inflation for June at 0.18 per cent points lower than the rate recorded in May (11.40) per cent.

On month-on-month basis, the headline index increased by 1.07 per...

Inflation drops to 11.22% - The Nation

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