0.88% is the average increase of the Consumer Price Index for August 2023

0.88% is the average increase of the Consumer Price Index for August 2023

The monthly report issued by the Department of Statistics indicates that the Consumer Price Index (Inflation) recorded an increase by 0.88% (less than one percentage point) compared to the same month of 2022 and a slight increase of 0.20% compared to July 2023. On the accumulative level, the index for the first eight months of this year witnessed an increase by 2.45% compared to the same period in 2022.

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