For the eleventh consecutive time, inflation rate has remained very high as it rose to 28.20 per cent in November 2023 with food prices contributing largely to the rise.


A document obtained from the website of National Bureau of Statistics (NBS), said that this is relative to October 2023 headline inflation rate which was 27.33 per cent.


According to the document, the food inflation rate in November 2023 was 32.84 per cent on a year-on-year basis, which was
8.72 per cent points higher compared to the rate recorded in November 2022 (24.13 per cent).


Blaze Fm