The overall year on year inflation rate as measured by the Consumer Price Index (CPI) was 9.2 per cent, in March 2023. As presented in Tables 1 and 2, the rise in inflation was largely due to increase in prices of commodities under food and non-alcoholic beverages (13.4%); and housing, water, electricity, gas and other fuels (7.5%); and transport (12.6%) between March 2022 and March 2023. Read More
