Highlights of Consumer Price Indices October 2022

Overall year-on-year (annual) inflation rate as measured by the Consumer Price Index (CPI) was
9.6 per cent, in October 2022; an increase from an inflation rate of 9.2 per cent recorded in
September 2022. Monthly inflation rate for October 2022 was 0.9 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;