Posted 1/13/2024, 3:59:00 AM
Food Prices Soar, Driving Weekly Inflation to 44% - a 7-Month High
- Weekly inflation surged to 44.16% year-on-year, highest level in over 7 months
- Food prices main driver, with tomatoes, onions, chicken, eggs, pulses seeing double-digit increases
- 21 out of 51 items monitored saw price rises, 8 fell, and 22 remained stable
- Lowest income group saw 36.06% inflation, highest over 42%
- Notable price hikes in tomatoes (15.6%), onions (8.9%), chicken (6.4%), electricity (5.1%), eggs (4.3%)