Headline Inflation Fell to 17.38 Percent in July- National Bureau of Statistics

The National Bureau of Statistics, has said headline inflation fell to 17.38 percent in July, representing a 0.37 percent point when compared to 17.75 percent recorded in June.

Similarly,in July,  the food index fell by 0.80 basis point to 21.03 per cent from 21.83 per cent  in June.

In its Consumer Price Index, CPI, report for July released today, the NBS said the decline in food index was due to increases in prices of milk, cheese and eggs, coffee, tea and cocoa, vegetables, bread and cereals, Soft drinks, and meat.

CC: Vanguard

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