The National Bureau of Statistics has said that inflation rose by 12.82 per cent in July, 2020.
NBS said in the period under review, increases were recorded in all Classification of Individual Consumption by Purpose divisions that yielded the headline index.This, said the NBS, is 0.04 percent rate higher than the rate recorded in June 2020 percent. The report said this is higher than 12.50 percent reported in June 2020, while the corresponding rural inflation rate in July 2020 is 11.49 percent compared to 11.36 percent recorded in June 2020.
On a month-on-month basis, the report said, the urban index rose by 1.27 percent in July 2020, up by 0.04 from 1.23 percent recorded in June 2020, while the rural index also rose by 1.23 percent in July 2020, up by 0.04 from the rate recorded in June 2020 percent.
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