Core inflation excludes volatile items such as food and energy, offering a clearer picture of underlying price movements.
Core inflation excludes volatile items such as food and energy, offering a clearer picture of underlying price movements.
The core inflation measure excludes volatile items such as food and energy, providing a clearer view of underlying price trends.
This marks the third consecutive month of decline in the annual core inflation rate, highlighting a continued downward trend.
The CBE also reported that the monthly core Consumer Price Index (CPI) for October 2024 stood at 1.3%, lower than 1.8% in October 2023.