(MENAFN) The inflation rate reached 5.7 percent last month, against 5.6 percent in July, while inflation this year has gone amid successive increases ranging from 4.6 percent in Jan to 5 percent in April.
Furthermore, this is the highest rate since Feb, March and April 2015 at 5.7 percent, whereas inflation trailed a series of falls with the lowest 3.3 percent posted in March 2016.
Additionally, the slight increase in August is due to the acceleration in the rate of change in food prices year on year by 5.2 percent against 3.6 percent in July this year.
Meanwhile, this inflation is due to the 5.2 percent increase in food and beverage prices, the 17.5 percent increase in the price of edible oils.
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