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    Home » Inflation up to 5.2% in June 2022

    Inflation up to 5.2% in June 2022

    Maldives inflation rate goes up to 5.2% in June 2022
    August 10, 20221 Min Read
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    The rate of inflation, measured by the annual percentage change in the national Consumer Price Index (CPI) went up to 5.2% in June 2022, reports Maldives Monetary Authority (MMA).

    The rate of inflation went up from 2.5% in May, according to the central bank data.

    Largest contributions to the annual rate of inflation during June 2022 came from electricity, followed by water supply and then petrol for transport equipment, fish, meat, medicines, mobile communication services, vegetables and internet access provision.

    On the  other hand, the monthly percentage change in the national CPI decelerated to 0.45% in the review month from 0.67% in May 2022.

    Largest contribution to the monthly rate of inflation came from fish, with a 0.15 percentage point movement, followed by petrol for personal transport with a 0.14 percentage point movement.

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