1.19% is the average increase of the Consumer Price Index for September 2023
The monthly report issued by the Department of Statistics indicates that the Consumer Price Index for September 2023 recorded an increase by 1.19% compared to the same month of 2022 and a slight increase of 0.52%(less than one percentage point) compared to August 2023. On the accumulative level, the index for the first nine months of this year witnessed an increase by 2.31% compared to the same period in 2022, noting that the base year is (100=2018).
Accordingly, the Consumer Price Index for September 2023 has reached 109.70 against 108.41 for the same month of 2022, while the Price Index for September 2023 has reached 109.70 against 109.13 for the previous month of the same year. At the accumulative level, the price index for the first nine months of 2023 has reached 108.78 against 106.33 for the same period of 2022.
