The Consumer Price Index (CPI) increased by 3.4 points or 2.5% from 135.2 in January 2024 to 138.6 in February 2024.
Year-on-year (Y-o-y) inflation worked out to 6.2% in February 2024, compared to 11.0% in February 2023. Headline inflation for the 12-months ending February 2024 worked out to 6.1%, compared to 11.3% for the 12-months ending February 2023.
Y-o-y CORE1 inflation stood at 1.7% in February 2024, compared to 9.6% in February 2023 while, yo-y CORE2 inflation worked out to 3.4% in February 2024, compared to 7.0% in February 2023.