The National Bureau of Statistics (NBS) says the inflation rate rose to 17.33 per cent in February 2021 from16.46 per cent in January.
It said the consumer price index, (CPI) increased by 17.33 percent, which is 0.86 percent points higher than the rate recorded in January.
It said the urban inflation rate increased by 17.92 percent (year-on-year) in February 2021 from 17.03 percent recorded in January 2021 while the rural inflation rate increased by 16.77 percent in February 2021 from 15.92 percent in January 2021.
It noted that the Headline index increased by 1.54 percent on a month-on-month basis in February 2021, which is 0.05 percent rate higher than the rate recorded in January 2021 (1.49 percent).
It equally said the percentage change in the average composite CPI for the twelve months period ending February 2021 over the average of the CPI for the previous twelve months period was 14.05 percent, showing 0.43 percent point from 13.62 percent recorded in January 202.
