CONSUMER PRICE INDICES AND INFLATION RATES FOR OCTOBER 2022

The overall year on year inflation rate as measured by the Consumer Price Index (CPI) was 9.6 per cent, in October 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 (15.8%); transport (11.6%) and housing, water, electricity, gas and other fuels (7.1%) between October 2021 and October 2022. Read More