April 14, 2017 / 8:56 PM / 3 months ago

Congo's year-on-year inflation rises to 17.93 pct in March

1 Min Read

KINSHASA, April 14 (Reuters) - Democratic Republic of Congo's consumer price inflation rose to 17.93 percent year-on-year in March, up from 14.8 percent in February, the central bank said on Friday.

The bank has an end of year inflation target of 7 percent.

Foreign exchange reserves meanwhile fell to $735 million by the end of March, or 2.23 weeks worth of imports, from $785 million at the end of January, the bank said in a statement.

Reporting by Amedee Mwarabu; Writing by Joe Bavier

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below