Trade Minister Bolat evaluated inflation data

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Lerato Khumalo

Trade Minister Omer Bolat, annual inflation in January 42.12 percent of the last 19 months decreased to the lowest level, thus compared to May 2024 inflation in the last 8 months 33.3 points fell reported.

Bolat, social media account in his share, January inflation data evaluated.

With the policies and measures they have implemented as the Ministry, they reduce the deficit of foreign trade and current transactions and strengthen the macro financial stability and contribute to the reduction of inflation Bolat, “In domestic trade, both in the domestic trade as a result of exorbitant price increases and to establish a fair and transparent trade order in the market to establish a fair and transparent trade order in the market In order to continue our struggle with determination to be explained to the exorbitant price increases in a way that cannot be explained by the consumer. ” He said.

Bolat underlined that they will give priority to structural policies in cooperation with the relevant ministries in order to strengthen the disinflation process this year and said:

“Change in CPI was 5.03 percent in January 2025 compared to the previous month, so the annual inflation decreased to the lowest level of the last 19 months with 42.12 percent. Inflation compared to May 2024 in the last 8 months 33.3 points in the last 8 months It has fallen to the core (C-Energy, tobacco products and the CPI indicator) has declined by 2.7 points to the previous month. The annual inflation was 62.95 percent by decreasing 8 points.