Business

First 2 Months of 2019 – Inflation Decreased by 0.09%

January 2018 had a decrease in inflation rate by 0.09%, announced the National Bureau of Statistics (MBS).

The decrease in inflation rates has been seen from the different communities within the Maldives. Excluding the monthly rates and amount, the percentages reach only up to 0.08%

Main areas for a rate decrease in February

  • Fish 1.88
  • Travelling 14.19
  • Oil and lubricants 14.51
  • Parts of cycles 1.79
  • Fruits 0.40
  • Medicine 0.31
  • Clothing 0.30

Main areas for the rate increase in February

  • House rentals 0.40
  • Furniture 2.52
  • Vegetables 2.16
  • Fixation of vehicles 8.58
  • Equipment for audio recording 3.53
  • Milk, cheese and eggs 0.29
  • Apartment motors 0.29
  • Cafes 0.18

December 2018 had a decrease of 0.26%m which was shown by the inflation rates released by MBS.

Full details are available at the link below:

Source URL: Corporate Maldives

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