CONSUMER PRICE INDICES AND INFLATION RATES FOR JUNE 2022

The overall year on year inflation rate as measured by the Consumer Price Index (CPI) was 7.9 per cent, in June 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 (13.8 per cent); furnishings, household equipment and routine household maintenance (9.2 per cent); transport (7.1 per cent) and housing, water, electricity, gas and other fuels (6.8 per cent) between June 2021 and June 2022. Read More