Consumer Price Indices and Inflation Rates – July 2024
About Report
Statistical Releases
CPI and Inflation Rates
July
2024
Overview
The year on year inflation rate as measured by the Consumer Price Index (CPI) slowed to 4.3 per cent, in July 2024. This means that the general price level was 4.3 per cent higher in July 2024 than it was in July 2023. The price increase was mainly driven by the rise in prices of commodities under Food and Non-Alcoholic Beverages (5.6%); Transport (4.0%); and Housing, Water, Electricity, Gas and other fuels (3.9%) between July 2023 and July 2024.