Inflation 0.19% in August

[NewsWhore]

The Central Bank reports that the Consumer Price Index for August increased by 0.19% compared to the previous month. The moderate increase is the result of the decline in fuel prices. The annual rate of inflation (August 2005 to August 2006) was 9.35%, while accumulated inflation for this year (January to August 2006) was 4.6%. Average inflation for the last 12 months was 7.77%. The Central Bank expects the country to meet its objective of single-digit inflation by year's end.

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