Inflation Warning Exceeded for 2 Consecutive Months... June CPI Reaches Nearly 4-Month High, Reasons Revealed by DGBAS

Reported about 1 year ago

The DGBAS announced a 2.24% year-on-year increase in the Consumer Price Index (CPI) for June, marking a near 4-month high and surpassing the 2% inflation warning for the second consecutive month after the April CPI dropped to 1.94%. The rise was driven by significant increases in fruit prices, rents, registration fees, dining out costs, and the implementation of summer electricity rates, among other factors.

Source: YAHOO

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