Consumer Price Index (CPI), April 2023

The Year-on-Year Inflation Rate as measured by the CPI was 9.43 Percent. This rate of Inflation for April 2023 is the percentage change in the Consumer Price Index (CPI) over the last twelve months, from April 2022 to April 2023. Simply put, the data shows that the general price level increased by 9.43 percent on a year-on-year basis. The month recorded about three percentage points increase from a low of 6.26 percent in April 2022.