THE national inflation rate fell to 1.5% in November 2023, says the statistics department, adding that the country’s consumer price index (CPI) edged lower to 1.8% in October from 1.9% in September. Chief statistician Uzir Mahidin said monthly headline inflation remained unchanged at 0.1% in November compared to October.
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Inflation Rate
He said lower increases were recorded for restaurants and hotels at 4.3% (October 2023: 4.6%); food and non-alcoholic beverages at 2.6% (October 2023: 3.6%) and health at 2.3% (October 2023: 2.4%). An increase was recorded for housing, water, electricity, gas and other fuels at 1.7% (October 2023: 1.6%) and transport at 0.1% (October 2023: 0.0%). Core inflation (2.0%) still surpassed the overall national rate (1.5%).
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