Inflation in Yemen
Yemen - InflationIn positive news for war-torn Yemen’s economy, the government and southern separatists renewed their commitment to the Riyadh Agreement in January, which was signed by both parties late last year. The agreement is designed to end their power struggle in the country’s south, which involves the return of government officials to Aden and the placing of separatist forces under government control. The terms of the deal are currently being implemented, although the slow pace of implementation is cause for concern. Less positively, in the west of Yemen, Houthi rebels recently banned the use of newly-printed government bank notes in areas under their control, holding up payments to tens of thousands of civil servants and pensioners while causing wide-ranging transaction problems. The Houthis told residents to exchange newly-printed notes for old currency or electronic rial.
Yemen - Inflation Data
|Inflation Rate (CPI, annual variation in %)||11.0||8.2||12.0||-12.6||24.7|
5 years of economic forecasts for more than 30 economic indicators.
Yemen Inflation Chart
Source: Central Bank of Yemen.
|Exchange Rate||250.4||0.0 %||Dec 31|
|Stock Market||0.6||0.0 %||Dec 31|
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