In August 2023, the category of ‘Food and non-alcoholic beverages’ witnessed a substantial annual increase of 24.6 percent, along with a monthly rise of 1.8 percent.
Meanwhile, ‘Alcoholic beverages, tobacco, and narcotics’ registered a 12.2 percent annual increase but saw a 1 percent decrease on a monthly basis. Transport costs increased by 7 percent annually and by 2.5 percent on a monthly scale.
The data also revealed that “local products” experienced a 13.3 percent annual increase and a 0.6 percent monthly increase. On the other hand, the prices of “imported products” rose by 9.3 percent annually and by 1.5 percent monthly.
Prices for “fresh products” surged by 29.8 percent year-on-year and 2.7 percent month-on-month.
Meanwhile, “energy” prices increased by 3.2 percent annually and 0.3 percent on a monthly basis.
The “general Index excluding fresh products and energy” also saw an increase of 8.4 percent on an annual basis, with a 0.3 percent monthly increment.
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