The overall year on year inflation rate as measured by the Consumer Price Index (CPI) was 5.7 per cent, in March 2024. This means that in March 2024, the general price level was 5.7 per cent higher than that March 2023. This was mainly driven by increases in prices of commodities under Transport (9.7%); Housing, Water, Electricity, Gas and other fuels (8.0%); and Food and Non-Alcoholic Beverages (5.8%) between March 2023 and March 2024. Read more
