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- According to figures released by the Department of Statistics, the inflation rate grew by 3.2% during the first eight months of the year compared to the same period last year, unchanged for the third consecutive month
- Inflation is expected to ease this year to around 3.0% from 5.6% in 2013, as the effect of removing fuel subsidies in November 2012 seems to have faded
- The report said that the rise in inflation was attributed mainly to higher prices in the following main commodities and services: Tobacco (up 13.5%); Clothes (up 10.1%); Rents (up 7.2%); Education (up 5.5%); and Transportation (up 3.4%)
- On the other hand, prices of other commodity groups dropped for the same time period: Personal care (down 1.0%); Oils and fats (down 0.9%); Meat and poultry (down 0.5%); and Telecommunications (down 0.2%)
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