General News
Rose to 5.0% in August 2026 from 4.6% in July 2026. Despite the annual increase, overall month-on-month consumer prices actually fell by 1.0% between July and August.
The latest reading show that headline inflation increased to 5.0 percent in August 2026 from 4.6 percent in July, driven mainly by non-food inflation.
Non-food inflation rose to 6.8 percent from 6.1 percent in July, largely on the back of some pass-through effects from the upward adjustments in utility tariffs and elevated crude oil prices.
In contrast, food inflation has remained low and declined marginally to 3.0 percent, from 3.1 percent on the back of improved food supply conditions.
Despite the increase, headline inflation remained below the lower bound of the medium-term target range of 8 ± 2 percent.
The Bank’s core inflation measure, which excludes energy and utility prices, eased slightly to 4.2 percent in August, from 4.3 percent in July.
In addition, survey-based inflation expectations among consumers, businesses, and the banking sector conducted in August declined, signalling continued moderation in underlying inflationary pressures.