Throughout September 2023, the price of ‘Food and non-alcoholic beverages’ exhibited a substantial annual increase of 29.6 percent and a monthly growth of 9 percent. ‘Alcoholic beverages, tobacco, and narcotics’ experienced a 12.2 percent annual uptick, with a modest 0.2 percent monthly increase.
Meanwhile, the ‘Transport’ category saw an annual increase of 5.9 percent and a monthly rise of 0.8 percent.
The data also highlights the prices of ‘local products,’ which showed a robust 15.6 percent annual increase and a monthly increase of 4.2 percent. On the other hand, the cost of ‘imported products’ increased by 8.8 percent annually and 1.8 percent on a monthly basis.
In line with the NISR report, prices for ‘fresh products’ rose significantly by 37.1 percent on an annual basis and 12.3 percent on a monthly basis. ‘Energy’ costs experienced a 3.1 percent annual increase and a monthly uptick of 1.7 percent.
The ‘general Index excluding fresh products and energy’ also displayed notable inflationary pressures, with an 8.3 percent annual increase and a 1 percent monthly increase.
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