Overall Monthly Inflation Rate Increased to 0.2 Percent

The overall monthly inflation for October 2022 was recorded at 0.2 percent compared with -0.4 percent the previous month (see Figure 10). This outturn was mainly attributed to price increases in both food and non-food items.

Figure 10: Overall Monthly Inflation, Oct 2021-Oct 2022 (%)

Monthly Inflation Rates for Food and Non-Food Items, October 2021- October 2022

Monthly food inflation for October 2022 was 0.4 percent, an increase of 0.6 percentage points from -0.2 percent in September 2022. This development was mainly attributed to general price increases for Fish (Buka Buka, Fresh Kapenta, Dried Bream-Medium size); Fruits (Oranges, Lemons, Bananas, Watermelon, Avocados); Vegetables (Rape, Pumpkin leaves, Spinach, Cabbage, Tomatoes, impwa, Sweet potatoes).

Monthly non-food inflation for October 2022 was recorded at -0.2 percent from -0.6 percent in September 2022 (see Table 5). This outturn was mainly attributed to price increases for Fuels & lubricants (Diesel, Petrol, brake fluids); Transport Equipment (car battery, CV joints) and Hammer milling charge.

Table 5: Overall Monthly Inflation Rate for Food and Non-Food Items, Oct 2021-Oct 2022 (%)

	Weight:	Oct- 2021	Nov- 2021	Dec- 2021	Jan- 2022	Feb- 2022	Mar- 2022	Apr- 2022	May- 2022	June- 2022	July- 2022	July- 2022	Sep- 2022	Oct- 2022
Total	1,000.00	0.4	0.6	0.6	2.6	1.7	0.8	0.7	0.8	0.9	0.4	0.3	-0.4	0.2
Food	534.85	0.4	0.9	0.7	3.1	1.9	0.9	1.1	0.9	1.2	0.3	0.4	-0.2	0.4
Non-Food	465.15	0.5	0.3	0.5	1.9	1.5	0.6	0.1	0.8	0.6	0.7	0.1	-0.6	-0.2