Inflation stays high despite improved food production

shutterstockInflation

Inflation continues to play out in different ways across different markets. PHOTO | POOL

The production of key food items is projected to grow by up to 60 percent against last year even as food prices remain elevated, keeping inflation high.

Latest data from the Ministry of Agriculture shows that maize production is projected to increase by 29.3 percent to 44.6 million bags; wheat by 62.6 percent to 4.9 million bags; Irish potatoes to 25.3 million bags and beans production to reach 11.7 million bags, a 56.3 percent growth.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.