The average annual rate of inflation for the 12 months to January 2024 [i.e. comparing the average CPI for the 12 months from February 2023 – January 2024; with the average for the 12 months from February 2022 – January 2023] stands at 2.4 percent while the month-on-month inflation rate [compared with January 2023] stands at 3.6 percent.
