Highlights of Consumer Price Indices June 2023

About Report

Statistical Releases
CPI and Inflation Rates
June
2023

Overview

Overall year-on-year (annual) inflation rate as measured by the Consumer Price Index (CPI) was
7.9 per cent, in June 2023; a slight decline from an inflation rate of 8.0 per cent recorded in May
2023. Monthly inflation rate in June 2023 was 0.8 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;

Highlights of Consumer Price Indices June 2023

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