Inflation

Category

Year-on-year (YoY) inflation in September 2023 was reported at 2.08% or decreased by -0.99% compared to annual inflation in August 2023. This shows a decline in the general YoY inflation value in the last 6 months, after last month there was an increase of 0.19%. The decline in inflation this month was also the lowest...
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Year-on-year (YoY) inflation in August 2023 occurred at 3.27%, representing a 0.19% increase over annual inflation in July 2023. This indicates that general YoY inflation has risen following a 10-month drop since September 2022. Apart for the information, communication, and financial services sector (-0.22%), which has persistently experienced deflation over the preceding 21 months, YoY inflation recorded in...
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Year-on-year inflation (YoY) in July 2023 was 3.08%, a 0.44% decrease from annual inflation in June 2023. As a result, general YoY inflation has constantly declined since its peak in September 2022. Monthly general inflation was primarily due to the government-regulated price component, which spotted 8.42% YoY inflation. All sectors experienced YoY inflation except the information,...
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Year-on-year (YoY) inflation in June 2023 was reported at 3.52% or decreased by 0.48% compared to annual inflation in May 2023. Thus general YoY inflation has consistently decreased after its peak in September 2022. Monthly general inflation This was mainly due to the government regulated price component which experienced YoY inflation of 9.21%. YoY inflation...
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Year-on-year (YoY) inflation in May 2023 was reported at 4.00% or decreased by 0.33% compared to annual inflation in April 2023. Inflation was mainly due to the administered prices component which experienced YoY inflation of 9.52%. YoY inflation occurred in all sectors except the information, communication and financial services sector (-0.27%), which has consistently experienced...
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Year-on-year (YoY) inflation in April 2023 was reported at 4.33% or decreased by 0.64% compared to annualized inflation in March 2023. YoY core inflation is at 2.83% in April 2023, decreased by 0.11% compared to the previous month. Inflation was mainly caused by the administered prices component which experienced YoY inflation of 10.32%, but it...
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Year-on-year (YoY) inflation in March 2023 was reported at 4.97% or a decrease of 0.50% compared to annual inflation in February 2023. Inflation was mainly due to the administered prices component which experienced YoY inflation of 11.56%. YoY inflation occurred in all sectors except the information, communication and financial services sector (-0.23%), which has consistently...
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