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CPI New Series August 2020

CPI New Series August 2020
The national year-on-year inflation rate was 10.5% in August 2020, which is 0.9 percentage points lower than last month (see Table 1). Month-on-month inflation between July 2020 and August 2020 was -0.4%. This stands in contrast to the average 0.9% month-on-month inflation that was recorded during the months April to July 2020 and the average month-on-month inflation rate of 0.7% that was recorded in the six months prior to COVID-19. Like we saw the previous months, only two of the thirteen Divisions had higher than average inflation rates; Housing, Water, Electricity and Gas (20.8%) and Food and Non-Alcoholic Beverages (11.4%)

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