08.10.13

Inflation in Seychelles lowest in 2 years

Posted in Seychelles' statistics at 1:40 pm by Robert Klien

In July 2013, Seychelles’ inflation slowed to its lowest level in 2 years, according to the data released by the National Bureau of Statistics.

The consumer price index rose 3.3% year-on-year, after a 3.6% increase in June. Inflation slowed for the 4th month in a row. It was the lowest one since August 2011, when it was 2.9%.

Month-on-month, consumer prices dropped 0.1% in July, following a 0.5% rise in the previous month. This was the 1st monthly decline since October 2010.

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