Breaking: Inflation rises by 0.24% in November

The consumer price index, (CPI) which measures inflation increased by 11.85 percent (year-on-year) in November 2019.

This is 0.24 percent points higher than the rate recorded in October 2019 (11.61) percent.

According to National Bureau of Statistics (NBS) in its CPI and Inflation Report November 2019, increases were recorded in all COICOP divisions that yielded the Headline index.

On month-on-month basis, the Headline index increased by 1.02 percent in November 2019, this is 0.05 percent rate lower than the rate recorded in October 2019 (1.07) percent.

The percentage change in the average composite CPI for the twelve months period ending November 2019 over the average of the CPI for the previous twelve months period was 11.35 percent, representing a 0.05 percent point from 11.30 percent recorded in October 2019.

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