The Headline Inflation Rate measures inflation rate when all items in the fixed CPI basket are included.

The Annual Headline Inflation Rate for the month of May, 2023 was 4.0 percent from 4.3 percent recorded for the month of April, 2023.

The decrease of the headline inflation explains that, the speed of price change for commodities for the year ended May, 2023 has decreased compared to the speed that was recorded for the year ended April, 2023. The overall index went up from 108.42 recorded in May, 2022 to 112.72 in May, 2023

Click to download CPI May, 2023 document(PDF)