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NewsWhore
07-13-2007, 03:30 PM
Inflation for the month of July was 0.4% which brings the accumulated inflation for the first half of the year to 4.38%. A report from the Central Bank explains that the rise in the inflation rate is due the rise in gas prices in the international market, which affected the rate by 2.41%. Transport felt the inflation increase the most with its inflation rising 0.83%. Food inflation also increased, by .45% due to the increase in prices of foods like chicken, powdered milk, evaporated milk, onions, and beans.

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