ECONOMIC INDICATORS
(A) Inflation
The overall year-on-year inflation increased to 6.9% in January from 6.6% in December, primarily driven by higher food prices. The food and non-alcoholic beverages index went up 0.4%, due to elevated food prices. The housing, water, electricity, gas and other fuels index edged up 1.6%, mainly due to heightened electricity costs. The transport index dropped 0.9% as a result of a decrease in petrol and diesel prices.
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