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Maldives consumer price trends

Overview

In August, the Maldives saw a 1.15 percent monthly decline in consumer prices, according to the Maldives Bureau of Statistics. This decrease was attributed to falling electricity prices, lower airfares, and a significant drop in tobacco product prices.

Despite the monthly decline, year-on-year data indicated that prices were 0.76 percent higher than in August of the previous year. Annual increases were noted in transport costs and food and beverage prices, with specific fluctuations observed in various produce and tuna.

Entities

INSEE · Mayotte · Asian Development Bank · Maldives Bureau of Statistics · Maldives

Timeline

  1. [BUSINESS] 2 sources
    Maldives consumer prices fall monthly despite rising transport and food costs

    Maldives consumer prices fell 1.15 percent in August compared to July, driven by lower electricity and airfare costs, though year-on-year transport and food prices show significant increases.

  2. [BUSINESS] 3 sources
    Mayotte consumer prices rise in August

    Consumer prices in Mayotte rose 0.4% in August, driven by increases in transportation and energy, despite a slight monthly dip in food costs.

Sources

atolltimes.mv · iedom.fr · lejournaldemayotte.yt · linfokwezi.fr · see.mv