The consumer price index which measures inflation increased by 12 . 56 per cent ( year -on- year ) in June 2020 , the National Bureau of Statistics disclosed this in its June CPI and inflation report on Friday .
“ This is 0 . 16 per cent points higher than the rate recorded in May 2020 ( 12 . 40 per cent )” it stated .
Increases were recorded in all COICOP divisions that yielded the headline index .
On a month - on - month basis , the headline index increased by 1 . 21 per cent in June 2020 .
This was 0 . 04 per cent rate higher than the rate recorded in May 2020 ( 1 . 17 per cent ) .
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