Cuba Inflation Rises to 28.44% in September
Cuba inflation reached 28.44% in September, and the average state wage of about US$9.25 a month at the informal rate stays under US$10. The post Cuba Inflation Rises to 28.44% in September appeared first on The Rio Times .
Cuba's inflation surged to 28.44% in September, according to official figures released by the Oficina Nacional de Estadística e Información (ONEI). The average state wage of 7,354 pesos (approximately US$9.25) falls below the threshold of US$10 a month. Inflation rose by 3.37% in September alone and 24.85% since January. The rise in prices was primarily driven by food and non-alcoholic drinks, which accounted for 73.39% of the monthly increase.
Pork, eggs, and ham were among the most significant contributors to the monthly food cost increase. The data highlights the impact of US pressure on Cuba's fuel supplies, as tighter fuel limits have coincided with the recent inflation spike.
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