“CPI report: High Commission for Planning (HCP) records 7.8% increase in consumer price index (CPI) for April 2023”

2023-05-22 08:21:32

By The Economist| On 05/22/2023 – 09:21 | Share

The consumer price index (CPI) recorded a year-on-year increase of 7.8% during the month of April 2023, according to the High Commission for Planning (HCP).

This development is due to the increase in the index of food products by 16.3% and that of non-food products by 2%, indicates the HCP in its recent note relating to the CPI of April 2023, specifying that for non-food products, the variations range from a decrease of 0.1% for “Transport” to an increase of 6.7% for “Restaurants and hotels”.

For non-food products, the decline mainly concerned “Fuel” prices with 2.9%.

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