Consumer Price Indices and Inflation Rates – January 2026
About Report
Statistical Releases
CPI and Inflation Rates
January
2026
Overview
Annual consumer price inflation as measured by the Consumer Price Index (CPI) was 4.4 per cent in January 2026. The slower increase in inflation in January 2026 (4.4 per cent), compared to December 2025 (4.5 per cent), was partly attributable to base effects, reflecting relatively higher price levels in the corresponding period of the previous year. The price increase was primarily driven by a rise in prices of items in the Food and Non-Alcoholic Beverages (7.3%); Transport (4.8 %), and Housing, Water, Electricity, Gas and other fuels (2.2%) over the one-year period. These three divisions together account for over 57 per cent of the total weight across the 13 major expenditure categories.