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Consumer prices rose 0.3% in August

 
The Statistical Institute of Jamaica (STATIN) says consumer prices rose by 0.3% in August when compared with July. 
 
The increase was driven mainly by higher food prices, particularly for watermelon, pineapple, papaya, sweet potato, Irish potato, green bananas and cabbage. 
 
There was also a 0.9% rise in the index for recreation, sports and culture. 
 
This was partly offset by a 0.4?cline in housing, water, electricity, gas and other fuels. 
 
STATIN adds that annual inflation measured between August last year and August this year slowed to 1.25% down from 3.3% in the July period. 
 
This was influenced by a 5.2% increase in restaurants and accommodation services, a 9.8% rise in education and a 5.8% dip in information services.
 


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