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NCPI Note August 2025

NCPI Note August 2025

Aug ‘25 posted an annual inflation rate of 3.2%, down from 3.5% in Jul ’25 and 4.4% twelve months ago. Monthly inflation was flat, with deflation observed in several key baskets, with the Food & NABs, Alc. & Tobacco, and Household Goods & Services all posting a -0.2% figure. Clothing & Footwear (-0.3%) and Health (-0.1%) also deflated on a monthly basis. Although Housing & Utilities decelerated to 3.4% from 3.6% in the previous month, rent prices increased on a consecutive basis, this time by 0.2% from a 0.5% increase in the previous month. On an annual basis, rent posted inflation of 3.7%, down from 4.0%.

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