Wednesday May 24 2017
Cape Verde Inflation Rate at 0.30 percent
Consumer prices in Cape Verde increased 0.3 percent year-on-year in April of 2017, easing from a 0.5 percent rise in the previous period. Prices went up a slower pace for miscellaneous goods and services (2.3 percent vs 2.7 percent in March), recreation and culture (2.6 percent vs 2.9 percent), health (2.2 percent vs 3.6 percent) and restaurants and hotels (0.1 percent vs 0.7 percent). In addition, cost fell for food and non-alcoholic beverages (-1 percent vs -0.2 percent) and housing rents and utilities (-0.5 percent vs -1.3 percent). Meanwhile, prices rose faster for clothing and footwear (3.5 percent vs 2.5 percent), transport (2.2 percent vs 1.8 percent), alcoholic beverages and tobacco (1.6 percent vs 1.4 percent) and furniture and household equipment (1.3 percent vs 1.1 percent). On a monthly basis, consumer prices dropped 0.3 percent after a 0.2 percent decline in March.