Federal finance and statistics / National Bureau of Statistics

CPI and Inflation Report March 2022

Consumer Price Index In March 2022, the consumer price index, (CPI) which measures inflation increased to 15.92 percent on year-on-year basis. This is 2.25 percent points lower compared to 18.17 percent, the rate recorded in March 2021. This means that the headline inflation rate slowed down in March 2022 when compared to the same month in the previous year. Increases were recorded in all COICOP divisions that yielded the Headline index. On month-on-month basis, the Headline Index increased to 1.74 percent in March 2022, this is 0.11 percent points higher than the rate recorded in February 202…