Consumer report indicates a decrease of 1% in inflation, with a rise of 2.8% in the All Items Index for year ending in June

While the country’s inflation rate decreased by just one percent, the
All Items Index increased 2.8% for the 12 months ending June 2023.
But according to the Consumer Price Index, this is the lowest
inflation rate since January 2022.
The index for transport was the primary contributor to the annual
All Items decrease.
Gasoline and diesel at the pump were reduced over the 12-month
period – from $17.50 to $13.99 and from $17.25 to $14.25,
However, the index for Food increased 8.4% over the last 12
months, with the index for vegetables rising by 10.2% and
accounting for 28.2% of this increase.

The index for bread and cereals increased by 9.1% and contributed
17.6% to the food increase, officials say. Other food-subcategories
saw increases ranging from 3.4% to 17.5%. 
Meanwhile, the Energy Index fell 10.1% over the past 12 months,
which is being attributed to the decrease of fuel at the pump, and
fuel variation remained unchanged at 50 cents.

The index for All Items Less Food and Energy index rose 2.9% over
the past 12 months, and the Monthly Consumer Price Index rose
0.2% for the month ending June 2023. 
The Food index increased 1.0% over the month with mixed results,
with six of nine of the food subcategories showing increases over
the period.