The Annual Headline Inflation rate for the year ending September 2013 rose to 8.0% from the 7.3% registered for the year ended August 2013, according to the National Bureau of Statistics Press Statement.
The Annual Food Crops Inflation rate went up to 16.2% for the year ending September 2013 from 12.9% that was recorded for the year ended August 2013. The Annual EFU Inflation rate increased to 2.1% for the year ending September 2013 from the 1.6% registered for the year ended August 2013. Similarly, the Annual Core (Underlying) Inflation rate increased to 6.9% for the year ending September 2013 from the 6.6% increase recorded in August 2013.
Monthly inflation
The Monthly Headline Inflation for the month of September 2013 rose by 1.4% from the 2.6% increase recorded in August 2013. Similarly, the monthly Core Inflation went up by 0.8% from the 0.4% rise registered in August 2013. The Monthly Food Crops Inflation also increased by 5.3% in September 2013 from the 15.9% increase registered in August 2013. Likewise, the Monthly EFU Inflation increased by 0.2% in September 2013 from the 0.0% registered in August 2013.
The increase was mainly attributed to increase in prices of matooke, sweet potatoes, Irish potatoes, sweet bananas, carrots, beans, fish, and milk in most centres. This is largely attributed to decreased food supplies on the market, as a result of moving out of the harvesting season. However, a reduction in prices was recorded for pineapples, oranges, cabbages, bbugga, green pepper, egg plants and bitter tomatoes. The overall monthly inflation for the composite food group registered an increase of 3.4%.
Food and non-food
The Annual Food Inflation rate rose to 11.7% for the year ending September 2013 up from a 9.1% rise recorded for the year ended August 2013. On the other hand, the Annual Non- Food Inflation declined to 6.6% for the year ending September 2013 from the 6.8% recorded for the year ended August 2013.
Other goods and services
The Annual Inflation rate for Other Goods rose to 6.6% in September 2013 compared to 5.6% recorded in August 2013. For Services, the Annual Inflation rate recorded was 6.7% in September 2013 compared to 7.4% registered in August 2013.
