Urban CPI increased by 11.2 percent on annual basis (October 2023 compared to October 2022) and it increased by 0.3 percent on monthly basis (October 2023 to September 2023). The annual average inflation rate between October 2023 and October 2022 was 16.3 percent.
On annual basis, the local goods index increased by 11.8 percent, the imported goods index increased by 9.4 percent, the fresh products index increased by 26.5 percent, the energy index increased by 2.7 percent and the core index or the general index excluding fresh products and energy increased by 7.4 percent.
On monthly basis, the local goods index was stable, the imported goods index increased by 1.2 percent, the fresh products index decreased by 0.8 percent, the energy index increased by 2 percent and the core index increased by 0.5 percent.