Inflation in the Democratic Republic of Congo (DRC) saw a slight increase during the second week of October. According to the Central Bank of Congo, the weekly inflation rate stood at 0.161% compared to 0.103% the previous week.
This increase in inflation is mainly due to the increase in the prices of food and non-alcoholic beverages, housing, water, gas, electricity and other fuels, as well as various goods and services. , transport, restaurants and hotels.
It is also important to note that certain essential goods, such as mineral water, have seen a significant increase in their prices in some major cities in the DRC.
Cumulatively and year-on-year, the inflation rate stands at 18.442% and 21.605% respectively.
This change in inflation raises concerns about the impact on the purchasing power of Congolese households. The economic and monetary authorities will have to take measures to control this rise in prices and protect the population against the harmful effects of inflation.
It is essential to closely monitor this situation, as high inflation can lead to a deterioration of the economic and social stability of the country. Appropriate regulatory measures and monetary policies will be necessary to maintain inflation at a reasonable level and guarantee the well-being of Congolese citizens.
In conclusion, the slight increase in inflation in the DRC during the second week of October highlights the importance of closely monitoring price developments and implementing appropriate measures to mitigate the negative effects on the economy. economy and population of the country. Authorities must remain vigilant and take decisive action to maintain economic stability and protect household purchasing power.