What needs to be done as inflation hits five-year high

With Covid-19 and the war in Ukraine being blamed after inflation rose to 4.5 percent in July – the highest rate since November 2017. PHOTO | COURTESY

What you need to know:

  • According to the National Bureau of Statistics (NBS), the annual headline inflation rate for July, 2022 increased to 4.5 percent from 4.4 percent recorded in June, 2022