Highlights of Consumer Price Indices August 2022
About Report
Statistical Releases
CPI and Inflation Rates
August
2022
Overview
Overall year-on-year (annual) inflation rate as measured by the Consumer Price Index (CPI) was
8.5 per cent, in August 2022; an increase from an inflation rate of 8.3 per cent recorded in July
2022. Monthly inflation rate for August 2022 was 0.4 per cent.
The rise in annual inflation was mainly due to an increase in prices of commodities under the
following Classification of Individual Consumption by Purpose (COICOP) divisions;