The Annual Headline Inflation Rate for the month of July, 2023 was 3.3 percent from 3.6 percent recorded for the month of June, 2023. The decrease of the headline inflation explains that, the speed of price change for commodities for the year ended July, 2023 has decreased compared to the speed that was recorded for the year ended June, 2023. The overall index went up from 109.05 recorded in July, 2022 to 112.67 in July, 2023.

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