BFAP

Food Inflation Brief – August 2022

Year-on-year inflation on Food and Non-alcoholic beverages gained significant further momentum in August 2022, with a 1.8% increase from July 2022 (representing the highest month-on-month increase since April 2016). As in previous months, food inflation was mainly driven by price increases in plant oil products, followed by grain-based foods and animal-source foods.

 

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