June Quarter 2023

Highlights

The headline CPI showed an increase of 1.7 percent from March quarter 2023 to June quarter 2023. The headline CPI also showed an increase of 1.4 percent from June quarter 2022 to June quarter 2023.

An interesting underlying trend to note is CPI excluding Education showed an increase of 3 percent change from June Quarter 2022.

Facts

The major contributors to the increase in June Quarter 2023 are Alcoholic Beverages, Tobacco and Betel-Nut Group, Food and Non-Alcoholic Beverages Group and Clothing and Footwear Group, Health Group, Restaurants and Hotels Group and Household Equipment Group.

 

    1. Alcoholic Beverages, Tobacco, and Betel-Nut Group – The Alcoholic Beverages, Tobacco and Betel-Nut Group Increased by 5.0 percent in this quarter mainly due to increases in Betel Nut & Mustard (+6.9%).
    2. Food and Non-Alcoholic Beverages Group – The Food and Non-Alcoholic Beverages Group increased by 1 .8 percent in this quarter mainly due to Fruits and Vegetables (+3.5%), Cereals (+1.5%) and Meat (+ 1 .8%).
    3. Clothing and Footwear Group – The Clothing and Footwear Group increased by 5.9 percent in this quarter mainly due to rise Footwear (+6.8%) and Women and Girl Wear (+6.5%).
    4. Health Group – The Health Group increased by 2.2 percent in this quarter mainly due to rise in Medical Supplies (+4.6%).
    5. Restaurants & Hotels Group – The Restaurants & Hotels Group increased by 3.8 percent in this quarter mainly due to a rise in Takeaway Foods (+3.8%).
    6. Household Equipment Group – The Household Equipment Group increased by 1 .7 percent in this quarter mainly due to a rise Household Maintenance Goods (+2.4%).

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