The overall year on year inflation rate as measured by the Consumer Price Index (CPI) was 8.5 per cent, in August 2022. As presented in Tables 1 and 2, the rise in inflation was mainly due to increase in prices of commodities under food and non-alcoholic beverages (15.3 per cent); transport (7.6 per cent) and housing, water, electricity, gas and other fuels (5.6 per cent) between August 2021 and August 2022.
CONSUMER PRICE INDICES AND INFLATION RATES FOR AUGUST 2022
