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Despite a rise in fuel prices contributing to an uptick in inflation from 1.2 per cent in March to 2.4 per cent in April, due to geopolitical developments, food inflation has continued to show signs of moderation. According to the latest report of the Consumer Protection Service for April 2024,…

Food inflation moderates to 1 89 per cent despite broader inflation spike

Despite a rise in fuel prices contributing to an uptick in inflation from 1.2 per cent in March to 2.4 per cent in April, due to geopolitical developments, food inflation has continued to show signs of moderation. According to the latest report of the Consumer Protection Service for April 2024,…

Prices of some products dropped after 0% VAT measure

The application of the zero VAT rate measure on seven product categories has resulted in price reductions and a positive impact on consumers, particularly families with young children, the Consumer Protection Service said on Monday.According to the Price Observatory for May, complied by the Service,

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