08.10.13
Inflation in Seychelles lowest in 2 years
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.