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 August, 2023 stagnated at 3.3 percent as it was recorded for the month of July, 2023.
The stagnation of the headline inflation explains that, the speed of price change for commodities for the year ended August, 2023 has remained the same as the speed that was recorded for the year ended July, 2023. The overall index went up from 108.63 recorded in August, 2022 to 112.25 in August, 2023.
