Maldives inflation rises by 2.23 percent

Maldives' annual inflation, in relation to the country's Consumer Price Index (CPI), rose by 2.23 percent through the year to March 2014, statistics from the Department of National Planning has Revealed.

The CPI rose by 3.34 percent through the year to the previous month, February 2014.

CPI for the Food and Non-alcoholic Beverages group rose by 1.46 percent and the Health group by rose by 12.48 percent, over the twelve months up to March 2014. CPI for the Tobacco and Arecanuts group fell by 0.81 percent and Communication group fell by 1.35 precent, over the same period.

The Consumer Price Index for all groups declined by 0.59 percent in March 2014, compared to the fall of 0.14 percent in February 2014. The most significant price rise recorded in March were from milk, cheese & eggs, a rise of 0.17 percent, along with a hike of 0.48 percent for major household appliances and an increase in the actual rentals paid by tenants by 0.27 percent.