The inflation rate eased slightly to 10.1% in April 2023, against 10.3% in March and 10.4% in the previous month, the National Institute of Statistics (INS) announced on Saturday. The core inflation rate (excluding food and energy) also fell to 7.7% from 7.8% in the previous month. Free food products were up by 18.3%, compared to 0.6% for food products with regulated prices. In general, the decline in the inflation rate was seen in the increase rate of food prices (15.6% against 15.7% in March), alcoholic beverages and tobacco (1.4% against 4.1% in March) and transport services prices (10.2% against 11.4% in March). The rise in food prices (15.6%) was mainly due to the increase in prices of sheep meat (30.4%), eggs (29.8%), poultry meat (27.5%), edible oils (23.8%) and beef (20.9%).

Source: The North Africa Journal May 07, 2023 12:48 UTC