In November 2019, inflation rates stabilized at 6.3%, according to officials figures published by the National Institute of Statistics. In September the economic inflation was at 6.7%.
The drop-in inflation rate is properly attributed to a gradual decline in the rate of food prices from 6.6% to 6.3%, as well as the mild fall of the inflation in the transport group services to 2.9%, versus 3.4% in October.
Moreover, the prices of manufactured products bordered 7.8% due to the 9.8% increase in the prices of households cleaning products and building materials by 8.1%.The core inflation also (excluding food products and energy) reached 6.7% in direct comparison to 6.8% in October and 6.9% in September respectively.
The costs of uncontrolled free products bordered 6.7% versus 5% for stable prices. Free food products also rose by 7.2% opposed to 2.3% for price-controlled food products.
The consumer rates also increased by 0.4% versus 0.8% in October, following the 0.8% rise in the prices of food products, clothing rose by 0.9% while miscellaneous goods and services grew by 0.8% and restaurants and hotel services increase by 0.8%.
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