The average inflation rate for the six months from October 2021 to March 2022 is expected to be 6.67%

The average inflation rate for the six months from October 2021 to March 2022 is expected to be 6.67 percent, according to the budget figures for the six months from October 2021 to March 2022, released by the Ministry of Planning and Finance.

The average inflation rate for the period from October 1 to September 30 of the 2020-2021 fiscal year was 1.08 percent for the first quarter from October 1 to December 31, 2020; In the second quarter from January 1 to March 31, 2021, 1.63%; From April 1 to June 30, it rose 5.02 percent in the third quarter and 6.83 percent in the fourth quarter from July 1 to September 30, according to the Central Statistics Office.

The average inflation rate rose for 18 consecutive months from April 2018 to September 2019. Slightly lower in October and November 2019; It rose again in January and February of 2020. April May, June July August September October and November; It dropped again in December.

For the country as a whole, the average inflation rate, calculated on the basis of consumer price in 2012, was 6.83 percent from July 1 to September 30, the fourth quarter of the 2020-2021 fiscal year. Inflation rose 1.81 percent in the fourth quarter from an average of 5.02 percent in the third quarter, according to the Central Statistics Office.

Source: Daily Eleven

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