The average annual rate of inflation for the 12 months to March 2024 [i.e. comparing the average CPI for the 12 months from April 2023 – March 2024; with the average for the 12 months from April 2022 – March 2023] stands at 2.9 percent while the month-on-month inflation rate [compared with March 2023] stands at 4.6 percent.
