Nicaragua Year-On-Year
Inflation Up 23.92%
MANAGUA (EFE) -
Nicaraguan year-on-year
inflation in August was
23.92% owing to rising
fuel and basic grain
prices, according to the
Central Bank (BCN).
Prices rose last month
0.51%, while inflation
in the first eight
months of the year
reached 13.73%, the BCN
said in its monthly
report released
yesterday.
The Central Bank,
however, noted that the
rising consumer price
index has slowed since
July with dipping cost
of petroleum, which it
said has eased down
price increases of such
commodities as beverages
and housing.
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