KEY HIGHLIGHTS
• Overall Headline Inflation (NCPI) has increased from 0.8% to 1% in October 2023.
• Food inflation remains the same, for both the NCPI and CCPI, at -5.2% in October 2023.
• Month-on-month change of the NCPI contributed by -0.51% from food and 0.55% from non-food.
• The FAO food price index of all commodities but dairy decreased in October 2023.
• Retail prices of most local and imported rice varieties decreased from September rates.
• Retail prices of most fuel types increased in October 2023 compared to the previous month.