Urban CPI increased by 4.2 percent on annual basis (March 2024 compared to March 2023) and it increased by 1.1 percent on monthly basis (March 2024 to February 2024). The annual average inflation rate between March 2024 and March 2023 was 10.2 percent.
On annual basis, the local goods index increased by 2.9 percent, the imported goods index increased by 8.3 percent, the fresh products index decreased by 0.5 percent, the energy index increased by 3.3 percent and the core index or the general index excluding fresh products and energy increased by 5.8 percent.
On monthly basis, the local goods index increased by 1.2 percent, the imported goods index increased by 0.8 percent, the fresh products index increased by 1 percent, the energy index increased by 1 percent and the core index increased by 1.1 percent.