Afghan Voice Agency (AVA) - Kabul: The World Bank announced today (Thursday, June 1, 2023) that due to monetary stability, the decrease in global food and fuel prices in recent months, the improvement of food production and storage and the availability of needed goods. In the markets and the inflation rate has decreased in Afghanistan.
In its latest report, the World Bank reviewed the economic situation in Afghanistan and stated that the inflation rate in this country is decreasing.
It is stated in this report that the inflation rate was 1.94 percent in March of this year and 3.5 percent in February, while in 2022 the inflation rate in Afghanistan was 18.3 percent.
Based on this report, the decrease in the global price of food and fuel in recent months, the improvement of food production and storage, and the availability of the required goods in the markets of Afghanistan can be the reasons for the downward trend in the inflation rate.
The World Bank has written in this report that since April 2023, the Afghan currency has decreased slightly against the dollar, Chinese yen and euro, and on the other hand, it has increased against other currencies.