The inflation rate of Maldives goes down by 0.18% in November 2017, compared to the increase of 0.27% from a month earlier.
The inflation rate decreased in November due to low prices of fish products, electricity and other household items, according to National Bureau of Statistics. In this regard, fish prices decreased by 6.09%, while electricity prices decreased by 1.36% and prices of household items decreased by 0.91%. However, prices of other commonly used products such as vegetables, fruits, milk, cheese and services provided from restaurants increased.
The inflation rate in Maldives was recorded at 1.50% in October 2017. The inflation rate in Maldives averaged 5.49% from 2005 until 2017, reaching an all-time high of 21.16% in November 2011 and a record low of -3.44% in December 2005.