Reported about 1 year ago
The Consumer Price Index (CPI) in June increased by 2.42% compared to last year, marking a new high in the past four months and reflecting a worsening inflationary situation. Factors contributing to the rise include a 22.6% increase in fruit prices due to recent heavy rains and low base effect from last year, as well as a 5.21% increase in electricity prices and a 2.59% increase in rental prices. Medical expenses also rose by 6.24%, hitting an 18-year high, while entertainment and educational expenses saw increases as well. However, certain essential items experienced a slight decrease in prices.
Source: YAHOO