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Consumer prices up 2.3% yr/yr in April

Consumer prices rose 2.3% year on year in April and were up 0.7% from March, the Central Statistics Office (KSH) announced on Thursday.

Twelve-month CPI was unchanged from March when prices rose 2.3% year on year and 0.6% in a month. In the first four months of 2006, consumer prices rose 2.5% year on year. Seasonally-adjusted core inflation was 0.8% year on year and 0.2% a month in April, after an annual 0.7% and a monthly 0.2% rise in March.
Excluding tax changes, consumer prices rose 0.7% from March and were up 4.1% year on year in April, the KSH said. In March, tax-adjusted prices rose 0.5% a month and 4.1% in twelve months.
According to the harmonized consumer price index (HICP), prices grew 0.7% from March and were up 2.4% from April 2005.