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A digest of news and opinion from the Maldives.

Inflation

Maldives inflation rate goes down by 0.27 percent in October

Maldives inflation rate goes down by 0.27 percent in October

1 min read

In October 2017, the inflation rate in Maldives went down by 0.27%. According to the National Bureau of Statistics, the price of fish products went down by 5.24% and Vegetables by 2.97%. Price of entertainment services decreased by 2.16% and price of clothing items also decreased by 0.63%. Prices that have gone up in October […]

Inflation spikes by 4.2 percent in second quarter

Inflation spikes by 4.2 percent in second quarter

1 min read

Maldives Monetary Authority (MMA) in capital Male. Inflation rates spiked by 4.2 percent during the second quarter, revealed the Maldives’ central bank on Tuesday. According to a report released by Maldives Monetary Authority (MMA), inflation has increased from the final quarter of 2016 to the second quarter of this year. MMA attributed this spike in […]