CPI and Inflation Report August 2016

CONSUMER PRICE INDEX AUGUST 2016

In August the Consumer Price Index (CPI) which measures inflation increased by 17.6% (year-on-year), 0.5% points higher from the rate recorded in July (17.1%). Increases were recorded in all COICOP divisions which contribute to the Headline index reflecting higher prices across the board. The major divisions responsible for accelerating the pace of the increase in the headline index were Housing, Water, Electricity, Gas and Other Fuel, Education and Transportation Services. 

Data source: National Bureau of Statistics

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