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Inflation shoots up to 21-year high, hits 37.2% in September

Consumer inflation has further increased to 37.2 percent in September 2022 – inching closer to the 40 percent mark last seen in the early 2000s. The annual inflation rate accelerated for the 16th straight month by 3.3 percentage points from 33.9 percent in August 2022, the highest reading since June …

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