Inflation Rate Drops To 22.97% In May

Headline inflation rate eased to 22.97% in May 2025, relative to the April 2025 headline inflation rate of 23.71%, the National Bureau of Statistics (NBS) said in a new data released on Monday. The NBS data showed that on a month-on-month basis, food inflation rate in May 2025 was 2.19%, up by 0.12% compared to [...]

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