Consumer Price Indices and Inflation Rates – April 2024
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Statistical Releases
CPI and Inflation Rates
April
2024
Overview
The overall year on year inflation rate as measured by the Consumer Price Index (CPI) was 5.0 per cent, in April 2024. This means that the general price level in April 2024 was 5.0 per cent higher than that of April 2023. The price increase was mainly driven by rise in prices of commodities between April 2023 and April 2024 under Transport (9.2%); Food and Non-Alcoholic Beverages (5.6%); and Housing, Water, Electricity, Gas and other fuels (3.8%). These three divisions account for over 57 per cent of the weights of the 13 broad categories.