Gambia inflation rate increased to 17.4% YoY in April from 14.8% in March, primarily driven by increases in food (21.5%), housing (28.5%), and transportation (13.3%) prices. Earlier in February, Gambia’s central bank had responded to the inflationary trend by raising its key interest rate by 100 bps to 14.0%. The bank expects inflation to begin decreasing in the medium term.