Middle East Economic Survey
VOL. LIII
No 34
23-Aug-2010
ALGERIA
Algerian Inflation Continues On Rising Trend
Algeria saw its inflation rate rise to 5.7% in 2009, up from 4% the previous year, continuing a trend that has seen a steady increase in the prices of goods and services since 2006, when inflation was 1.6%. A report submitted to the Office of the President by Finance Minister Karim Djoudi on 15 August did not specify the main causes driving inflationary pressures in the country. Hard...
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