CONSUMER PRICE INDICES AND INFLATION RATES FOR MAY 2023

The overall year on year inflation rate as measured by the Consumer Price Index (CPI) was 8.0 per cent, in May 2023. As presented in Tables 1 and 2, the increase in inflation was largely due to increase in prices of commodities under Food and Non-alcoholic Beverages (10.2%); and Housing, Water, Electricity, Gas and other fuels (9.7%); and Transp
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Key Figures

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