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“In April 2024, the headline inflation price elevated to 33.69% relative to the March 2024 head line inflation price which was 33.20%,” the Bureau mentioned in its report.
Trying on the motion, the April 2024 headline inflation price confirmed a rise of 0.49% factors when in comparison with the March 2024 headline inflation price.
“On a year-on-year foundation, the headline inflation price was 11.47% factors greater in comparison with the speed recorded in April 2023, which was 22.22%.
“This reveals that the headline inflation price (year-on-year foundation) elevated within the month of April 2024 when in comparison with the identical month within the previous yr (i.e., April 2023).
“Moreover, on a month-on-month foundation, the headline inflation price in April 2024 was 2.29%, which was 0.73% decrease than the speed recorded in March 2024 (3.02%). Because of this within the month of April 2024, the speed of enhance within the common worth degree is lower than the speed of in crease within the common worth degree in March 2024.”
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