Economy and macroUpdated 4h ago

Wholesale inflation outpaced consumer inflation in October.

GASTAT data put annual wholesale-price inflation at 4.5% in October, compared with 1.7% consumer inflation. The gap was there month to month, too: wholesale prices rose 1.1%, while the consumer price index increased 0.1%. Forbes Middle East reported that the difference points to stronger pressure at the wholesale level, but it had not translated into a comparable rise in consumer prices during October.

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