The Inflation increased to 70.2% in August

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Department of Census and statistics says inflation increased to 70.2% in August from 66.7% in July. The reported inflation for the month of August 2022 was mainly due to the higher price levels prevailing in both food and non-food groups. Accordingly, the Year-on-Year inflation of the food group increased to 84.6% in August 2022 from 82.5% in July 2022 and the year-on-year inflation of the non-food group increased to 57.1% in August 2022 from 52.4% in July 2022.

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