• Nene's SAA nemesis

    No political figure seems to have the guts to speak out against Dudu Myeni, says Solly Moeng.

  • The mp3 revolution

    Ian Mann takes a look at the war between digital music and the compact disc.

  • Don't take us for fools

    It's time for businesses to stop thinking consumers are gullible, says Mandi Smallhorne.

All data is delayed
See More

Burundi inflation rises on food prices

Jan 10 2013 13:16
Bujumbura - Burundi's annual inflation rate rose slightly to 11.8% in December from 11.7% in November as food prices rose on local markets, the national statistics board said on Thursday.

The price index for food rose 6.9%t in the 12 months to December, from 6.5% in November, the Institute of Economic Studies and Statistics (ISTEEBU) said in its report.

The central African nation's government lifted duties on basic imported food such as beans, rice and potatoes after soaring prices prompted strikes last year in the capital.

Burundi's President Pierre Nkurunziza announced in his New Year message that the exemption which ended in December last year has been extended until June 2013 to alleviate the impact of rising food costs.

In December, the government predicted a headline inflation rate of 14% in 2013 versus an estimated 8.4% in 2012, due to rising food and fuel prices.

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.



Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Company Snapshot

We're talking about:


Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The 25 basis points interest rate increase is:

Previous results · Suggest a vote