Statistics revealed by the Department of National Planning show that the overall inflation rate in the Maldives has risen over 15 percent. The inflation rate in the Maldives was at 15.99 percent by the end of March where food products, fish and transportation had been the major contributors to the hike.
In comparison with the same period last year, the overall inflation rate had spiked over 19.49 percent. The inflation hike during this period had been observed from fish, tobacco, cafes and restaurants.
The inflation rate in the capital Male was at 15.05 percent last month where prices had most increased in fish, chili, Milo, cooking oil, gas and chicken.
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