The overall rate of inflation as measured by the National Consumer Price Index (NCPI) on year-on-year (Y-o-Y) basis has gone up to 1.0% in October 2023 from 0.8 % in September 2023.
The Department of Census and Statistics (DCS) mentioned that y-o-y inflation of the food group remained unchanged in October at -5.2% which was reported in September.
Meanwhile, the y-o-y inflation of the non-food group has risen to 6.3% in October from 5.9% in September.
The contribution of food commodities to inflation was -2.41% in October 2023 in comparison to the corresponding month of 2022.