Urban CPI increased by 19.3 percent on annual basis (March 2023 and March 2022) and increased by 1.8 percent on monthly basis (March 2023 to February 2023). The annual average inflation rate between March 2023 and March 2022 was 17.5 percent.
On annual basis, the local goods index increased by 20.8 percent, the imported goods index increased by 14.8 percent, the fresh products index increased by 53 percent, the energy index increased by 7.3 percent and the core index or the general index excluding fresh products and energy increased by 12.2 percent.
On monthly basis, the local goods index increased by 2.2 percent, the imported goods index increased by 0.6 percent, the fresh products index increased by 5.3 percent, the energy index increased by 0.8 percent and the core index increased by 0.8 percent.