MON 05 JULY, 2021-theGBJournal- The All commodity group import index increased by 0.82% between January and March, 2021, according to data published Sunday by the National Bureau of Statistics (NBS).
The NBS noted that the increase was driven mainly by an increase in the prices of Mineral products (1.53%), Live animals; animal products (1.38%) and Animal and Vegetable fats and oils and other Cleavage products (1.24%).
However, the index was negatively affected by declines in the prices of products of the chemical and Allies industries (-0.36%) as well as Wood and articles of wood, wood charcoal and articles (-0.29%).
Between January and February 2021, the price index increased by 0.75%, driven by increases in the import prices of Animal and Vegetable fats and oils and other Cleavage (1.77%), Mineral Products (1.63%) and Live animals; animal products (1.37%). The increase was, however, offset by decline in the price of Products of the Chemical and Allied industries (-0.73%) and Wood and articles of wood, wood charcoal and articles (-0.58).
Between February and March, 2021, the all commodity group import index grew by 0.07%, driven by increase in the prices of Base metals and articles of Base metals (0.51%), Boilers, Machinery and Appliances (0.50%) etc.
The NBS said that the index was negatively affected by decline in the prices of Animal and vegetable fats and oils and other cleavage (-0.54%), prepared foodstuffs; beverages, spirits and Vinegar (-0.34%) and Plastic rubber and articles thereof (-0.19%).
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