Urban CPI increased by 12.3 percent on annual basis (August 2023 compared to August 2022) and increased by 0.9 percent on monthly basis (August 2023 to July 2023). The annual average inflation rate between August 2023 and August 2022 was 17.5 percent.
On annual basis, the local goods index increased by 13.3 percent, the imported goods index increased by 9.3 percent, the fresh products index increased by 29.8 percent, the energy index increased by 3.2 percent and the core index or the general index excluding fresh products and energy increased by 8.4 percent.
On monthly basis, the local goods index increased by 0.6 percent, the imported goods index increased by 1.5 percent, the fresh products index increased by 2.7 percent, the energy index increased by 0.3 percent and the core index increased by 0.3 percent.