The Consumer Price Index, CPI, which measures the rate of increase in the price of goods and services, increased to 18.17 per cent in March from 17.33 per cent in February.

The CPI/inflation report for March 2021, released by the National Bureau of Statistics, NBS, on Thursday, also showed that food inflation increased by 1.16 per cent on a year-on-year basis from 21.79 per cent in February to 22.95 in March.

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