Algeria inflation rate rises to 9.6%
29 Sep 2022; MEMO: The inflation rate in Algeria increased to 9.6 per cent at the end of August, amid the rise in the prices of basic commodities globally and its impact on local markets, Anadolu reported.
Deputy Director-General of the Algerian National Office of Statistics, Hamid Zaydouni, revealed the rate during a hearing at the Finance Committee of the People's National Assembly.
The Algerian market recorded an inflation rate of 7.23 per cent during 2021, the highest in nearly three years.
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