Inflation marginally quickens
Monday, May 19, 2014
The downward movement of annual inflation rate between April 2013 and April 2014 was attributed to the stable prices of commodities especially the main components of transport and food and non-alcoholic beverages, which decreased by 9.8 and 2.8 percentage points respectively. The inflation rates for regions between March and April indicated that only rural villages’ realised a surge of 0.7 of a percentage point, moving up to 5.3 from 4.6 percent, whilst cities and towns’ and urban villages’ remained unchanged at 4.4 and 4.3 percent.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...