Overall monthly inflation declined to 0.3% in August 2022

Overall monthly inflation for August 2022 was recorded at 0.3 percent compared with 0.4 percent the previous month (see Figure 3). This outturn was mainly attributed to price decreases in some non-food items.

Figure 3: Overall Monthly Inflation, August 2021-August 2022 (%)

Monthly food inflation for August 2022 was 0.4 percent, an increase of 0.1 percentage points from 0.3 percent in July 2022. This development was mainly attributed to the general decrease in prices of items such as Vegetables (Rape, .Sweet potato leaves, lumanda, Cabbage, Tomatoes), Dried bream.

Monthly non-food inflation for August 2022 was recorded at 0.1 percent from 0.7 percent in July 2022. This outturn was mainly attributed to a slow down in price increases of non-food items such as Fuels & lubricants (Diesel, Petrol, Engine oil) and; Passenger transport by road (Mini bus fare, Coach fare,) (see Table 5).

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

	Weight:	Aug- 2021	Sep- 2021	Oct- 2021	Nov- 2021	Dec- 2021	Jan- 2022	Feb- 2022	Mar- 2022	Apr- 2022	May- 2022	June- 2022	July- 2022	Aug- 2022
Total	1,000.00	0.4	-0.5	0.4	0.6	0.6	2.6	1.7	0.8	0.7	0.8	0.9	0.4	0.3
Food	534.85	0.9	-0.8	0.4	0.9	0.7	3.1	1.9	0.9	1.1	0.9	1.2	0.3	0.4
Non- Food	465.15	-0.4	0.0	0.5	0.3	0.5	1.9	1.5	0.6	0.1	0.8	0.6	0.7	0.1