High food prices, power tariff push up inflation to 8.8 %

Foodstuffs on display at a stall in a market. Fruits, among other food crops, have registered increase in prices. FILE PHOTO

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Factor. The depreciating Shilling has also been blamed for the hike.

Kampala. Reduced supply of food crops in the market coupled with high electricity tariff have pushed Uganda’s annual headline inflation rate to 8.8 per cent for the year ending October 2015 compared to 7.2 per cent recorded in September.
This is the highest inflation rate Uganda has recorded since September 2013 when the country’s annual headline inflation rate stood at 8.4 per cent.
The rise in the country’s inflation levels implies the general public is facing the problem of high food prices and high energy charges amid stagnated income.

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