The price of domestic air transportation increased by 18 percent between December 2010 and December 2011, statistics from the Department of National Planning (DNP) indicate.
International flights increased by an even greater 20 percent over the past year.
The transportation sector contributed a total of 8 percent to last year’s total inflation, while Capital Male’ saw an 11.27 percent increase in inflation.
According to DNP statistics, major price hikes also occurred in the food, fish, education and health sectors.
Likes
(0)Dislikes(0)
(0)Dislikes
(0)Related Posts
Maldives to begin oil exploration with assistance of research vessel - Government reneges on cash handouts for pensions, offers insurance scheme instead
- Politicians trivialising severity of economic problems, foreign investment: Chamber of Commerce
- “Tariff rationalisation a positive to economy”: Care Ratings Maldives
- President appoints executives to CMDA, MQA
- New Rf5 notes enter circulation
