Urban CPI increased by 11.9 percent on annual basis (July 2023 and July 2022) and was stable on monthly basis (July 2023 to June 2023). The annual average inflation rate between July 2023 and July 2022 was 17.8 percent.
On annual basis, the local goods index increased by 13 percent, the imported goods index increased by 8.4 percent, the fresh products index increased by 27.4 percent, the energy index increased by 3.8 percent and the core index or the general index excluding fresh products and energy increased by 8.5 percent.
On monthly basis, the local goods index decreased by 0.4 percent, the imported goods index increased by 1.4 percent, the fresh products index decreased by 1.4 percent, the energy index decreased by 2.2 percent and the core index increased by 0.7 percent.