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Home / Articles / 2024 FEBRUARY – MONTHLY REPORT

2024 FEBRUARY – MONTHLY REPORT

Posted onMarch 4, 2024March 4, 2024

ECONOMIC INDICATORS


(A) Inflation


The overall year-on-year inflation decreased to 6.3% in February from 6.9% in January, primarily driven by lower fuel and electricity prices. The food and non-alcoholic beverages index went up by 0.3%. The housing, water, electricity, gas and other fuels index decreased by 0.8%, mainly due to electricity costs and kerosene prices. Transport index increased by 0.9% despite a decrease in petrol and diesel prices.

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