Posted 12/4/2023, 2:39:17 AM
Inflation Holds Steady in November Despite Some Price Hikes
- Inflation dropped to 6.8% in November, remaining within the official 2.5-7.5% target range for the 4th straight month
- Prices fell for food items like kale, maize, cabbages due to good weather and improved harvests
- Fuel and electricity prices increased
- Food inflation rose just 0.4% from October to November, lower than the 1.3% increase the previous month
- Prices rose for tomatoes (17.7%), oranges (3.8%), and wheat flour (3.3%)