The headline annual inflation rate increased to 4.4% in April 2021 from 3.2% in March 2021. The Consumer Price Index (CPI) increased by 0.7% month-on-month in April 2021.
“The minimum wage is a victory for ultra-low wage workers. We have an established floor where there was none before, and we can raise that floor and ensure that no worker is left behind,” says Trenton Elsely, Commissioner, National Minimum Wage Commission.
The headline annual inflation rate declined to 3.1% in December 2020 from 3.2% in November 2020. The Consumer price index increased by 0.2% month-on-month in December 2020.