Year-on-year CPI increased by 4.00 percent in July 2023 compared to the same month last year. The prices increased for both food and non-food by 5.28 percent and 2.93 percent respectively. From the twelve major divisions, except for transport, the prices for all other divisions increased. The prices for transport decreased by 5.08. The prices of food and non-alcoholic beverages increased by 5.36 percent, prices for alcoholic beverages and betel nut increased by 4.11 percent and prices for restaurants and hotels increased by 5.86 percent.
Month-on-month CPI in July 2023 increased by 1.33 percent from June 2023, with increase in both food and non-food prices. The prices for food increased by 1.66 percent and the prices for non-food increased by 1.06 percent. As compared to the month of June 2023, the price of transport increased by 0.16 percent, alcoholic beverages and betel nut increased by 1.57 percent and restaurants and hotels increased by 4.22 percent. The price of food and non-alcoholic beverages increased by 1.66 percent.