CPI and Inflation Report July 2016

CONSUMER PRICE INDEX JULY 2016

In July the Consumer Price Index (CPI) which measures inflation increased by 17.1% (year-on-year), 0.6% points higher from the rate recorded in June (16.5%). Increases were recorded in all COICOP divisions which contribute to the Headline index reflecting higher prices across the economy. The pace of the increase in the headline index was however weighed upon by a slower increase in three divisions; Health, Transport, and Recreation & Culture divisions.

Data source: National Bureau of Statistics

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