Headline inflation increased from 1.9 percent in May to 2 percent in June 2025, remaining below the lower bound of the medium-term objective range of 3 – 6 percent and was lower than the 2.8 percent recorded in June 2024. The marginal increase in inflation between May and June 2025 was mainly on account of the acceleration in the rate of annual price changes of a few categories of goods and services, notably Transport and Housing, Water, Electricity, Gas & other Fuels. Similarly, the 16 percent trimmed mean inflation and inflation excluding administered prices increased from 1.8 percent and 3.7 percent to 2 percent and 3.9 percent, respectively, between May and June 2025.
Inflation for domestic tradeables decreased from 4.5 percent to 4.3 percent between May and June 2025, mainly on account of the deceleration in the rate of annual price changes of some food items in this category, including sorghum meal, white bread flour, and samp. Conversely, inflation for imported tradeables increased from 0.8 percent to 1.1 percent over the same period, mainly on account of the increase in the price of most alcoholic beverages and vehicles. Overall, all tradeables inflation increased from 1.8 percent to 2 percent between May and June 2025. Meanwhile, inflation for non-tradeables was unchanged at 2 percent in the same period.