The National Bureau of Statistics (NBS) reported that consumer prices in the month of February increased by 17.33% YoY from 16.47% YoY in January 2021. The uptrend continues to be sustained by increases in both the food and core indices. Food inflation for the month stood at 21.79%YoY (vs. 20.57% in January 2021), while core inflation was at 12.38%YoY (vs. 11.85% YoY the previous month).
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Post-Inflation Update February 2021
