Inflation Report – June 2023

Up, Up & Away
In the recently released inflation report for the month of May, headline
inflation continued an expected upward trajectory reaching a record high of
22.41%. This was 0.19% higher than the rate registered in April 2023
(22.22%) and 4.07% higher than in May 2022. In the same vein, food and
core indices increased to 24.86% and 20.06% respectively.

Inflation Report – June 2023