Federal finance and statistics / National Bureau of Statistics

CPI and Inflation Report April 2016

Consumer Price Index (CPI) April 2016 In April, the Consumer Price Index (CPI) which measures inflation recorded a relatively strong increase for the third consecutive month. The Headline index increased by 13.7% (year-on-year), roughly 0.9% points higher from rates recorded in March (12.8%). The higher rate of increase relative to March, was reflected in faster increases across all divisions which contribute to the index with the exception of the Restaurants and Hotels division which increased, albeit at a slower pace for the third consecutive month Data source : National Bureau of Statistics…