Basic goods will be more expensive in the nation as of October 1 due to the inflation rate and new tax regimes.
After the government implements the yearly inflation tax adjustment on the excise duty levied on the items, the price of basic goods will rise.
A 6.3% hike in the excise duty was announced in a statement released on Thursday, September 1. The price rise is in line with the typical rate of inflation.
Cigarettes, wine, toothpaste, motorbikes, imported sugar, imported sim cards, imported white chocolate, drinks, and cigars are only few of the retail items whose costs will rise.
Apart from these, there are also bottled waters, fruit juices, nicotine products, and other items made with tobacco.