Headline inflation as measured by the year on-year (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100)1 increased to 6.4 per cent in September 2020 from 6.2 per cent in August 2020.
This was driven by the monthly increases in prices of items in both Food and Non-food categories.
Meanwhile, Food inflation (Y-o-Y) decreased to 12.7 per cent in September 2020 from 13.2 per cent in August 2020 due to the statistical effect of the high base prevailed in September 2019, whereas Non-food inflation (Y-o-Y) increased to 1.4 per cent in September 2020 from 1.1 per cent in August 2020.
The change in the NCPI measured on an annual average basis increased marginally to 6.2 per cent in September 2020 from 6.1 per cent in August 2020.
Monthly change of NCPI recorded at 0.8 per cent in September 2020 mainly due to increases observed in prices of items in both Food and Non-food categories.
Moreover, within the Non-food category, prices of items in the Alcoholic Beverages and Tobacco, and Transport sub-categories recorded increases during the month. Further, core inflation (Y-o-Y) increased to 4.8 per cent in September 2020 from 4.6 per cent in August 2020, while annual average core inflation decreased to 4.3 per cent in September 2020 from 4.4 per cent in August 2020.
0 comments: