The average annual rate of inflation for the 12 months to June 2024 [i.e. comparing the average CPI for the 12 months from July 2023 – June 2024; with the average for the 12 months from July 2022 – June 2023] stands at 4.3 percent while the month-on-month inflation rate [compared with June 2023] stands at 6.7 percent.
