CONSUMER PRICE INDICES AND INFLATION RATES FOR JULY 2023

The overall year on year inflation rate as measured by the Consumer Price Index (CPI) was 7.3 per cent, in July 2023. The inflation was largely due to increase in prices of commodities under Transport (13.0%); Food and Non-alcoholic Beverages (8.6%); and Housing, Water, Electricity, Gas and other fuels (7.8%) between July 2022 and July 2023.  Read More