Highlights

The headline CPI showed a decrease of 0.9 percent from December quarter 2022 to March quarter 2023.

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

Facts

Major contributors to the change in March Quarter 2023

The major contributors to the decrease in March Quarter 2023 are Education Group, Alcoholic Beverages, Tobacco & Betel-Nut Group and Communication.

• • Education Group
    The Education Group decreased by 22.9 percent in this quarter mainly due to a fall Education Fees (-34.7%).
  • Alcoholic Beverages, Tobacco, and Betel-Nut Group
    The Alcoholic Beverages, Tobacco & Betel-Nut Group decreased by 2.5 percent in this quarter mainly due to a fall in Cigarettes (-6.8%) and Betel-Nut & Mustard (-2.9%).
  • Communication Group
    The Communication Group decreased by 3.8 percent in this quarter due to a fall in Telephone Services (-5.2%).

The decrease in the Headline CPI was partially offset by Food & Non – Alcoholic Beverages Group, Transport Group, Household Equipment Group and the Housing Group.

1. Food & Non-Alcoholic Beverages Group
   The Food & Non-Alcoholic Beverages Group increased by 1.2 percent in this quarter mainly due to an increase in Cereals (+ 1.3%) and Fruits & Vegetables (+2.0%).

2. Transport Group
   The Transport Group Increased by 1 .9 percent in this quarter due to an increase in Motor Vehicle Registration and Insurance (+9.2%). Fuels & Lubricants also increased by 6.6 percent.

4. Household equipment Group
   The Household Equipment Group increased by 3.4 percent in this quarter due to an increase in Household Maintenance Goods (+6.2%).
5. Housing Group
   The Housing Group increased by 0.7 percent in this quarter due to an increase in Kerosine (+5.4%).

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