Wednesday, June 11, 2008

«The Central agency for Statistics»: the high rate of inflation to 19.7% in May

(Al badeel)

The Central Agency for Public Mobilization and Statistics said the annual inflation rate rising to 19.7% during the month of May compared with last 16.4% last April. Recording the highest rate of inflation in three years, and attributed to the sharp rises in fuel prices, which ranged from 35 to 57% in the first week of May, in addition to higher prices for transportation and food.

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