MAY 2022 25 The CPI annual rate of change continues to increase at 7.2% In April 2022, the Consumer Price Index (CPI) registered the following year-on-year rates of change: • Total CPI: 7.2% (5.3% in the previous month), the highest since March 1993; • Core inflation index (total index excluding unprocessed food and energy): 5.0% (3.8% in March), the highest value since September 1995; • Energy products index: 26.7% (19.8% in the previous month), the highest value since May 1985; • Unprocessed food index: 9.4% (5.8% in March). In April 2022, the CPI also accounted for the following rates of change: • Month-on-month: 2.2% (2.5% in the previous month and 0.4% in April 2021); • Month-on-month, excluding unprocessed food and energy: 1.5% (2.2% in the previous month and 0.4% in April 2021); • Average over the last 12 months: 2.8% (2.2% in the previous month). 2.8% 7.2% 5.0% -1.0% 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 CPI (12-month moving average) CPI (year-on-year rate of change) Core Infla�on Index (year-on-year rate of change) Consumer price and core inflation indices (year-on-year rate of change and 12-month moving average)
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