FTL Somalia

Overall Inflation Rate in Somalia Rises to 5.68% in March

Overall inflation rate in Somalia increased to 5.68% in March.

The Somali National Bureau of Statistics (SNBS) said this in its latest report.

SNBS published its report on April 15.

The report shows that March’s Inflation was higher than February which stood at 5.43%.

Massive hikes were noted in housing, water, and electricity.

Food and non-alcoholic beverages experienced equally significant price hikes.