The overall year on year inflation rate as measured by the Consumer Price Index (CPI) was 9.1 per cent, in December 2022. 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 (13.8%); transport (13.0%) and housing, water, electricity, gas and other fuels (6.2%) between December 2021 and December 2022. Read More
