The overall year on year inflation rate as measured by the Consumer Price Index (CPI) was 7.9 per cent, in June 2023. The inflation was largely due to increase in prices of commodities under Food and Non-alcoholic Beverages (10.3%); and Housing, Water, Electricity, Gas and other fuels (9.4%); and Transport (9.4%) between June 2022 and June 2023. Read More