March Inflation at 3.4%

Inflation increased to 3.4% last month from 3.3% in February and 1.1% recorded in March 2016. It marked the highest rate since the 3.7% rate in November 2014. Year-to-date figure puts inflation at 3.2%, still within the official 2%-4% target band for this year. Prices of alcoholic beverages and tobacco rose 6.4 percent; clothing and footwear, up 2.9 percent; housing, water, gas, electricity, gas and other fuels, up 4 percent; furnishing,…

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