The overall year on year inflation rate as measured by the Consumer Price Index (CPI) was 7.1 per cent, in May 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 (12.4 per cent); furnishings, household equipment and routine household maintenance (7.9 per cent); transport (6.4 per cent) and housing, water, electricity, gas and other fuels (6.0 per cent) between May 2021 and May 2022. Read More
