Food inflation remains at a historic high despite a fall in the headline rate

Annual CPI and food and non-alcoholic beverage inflation rate, %

20%

Apr 2023

Food

19%

15

10

CPI

8.7%

5

0

-5

1990

2000

2010

2020

20%

Apr 2023

Food

19%

15

10

CPI

8.7%

5

0

-5

1990

2000

2010

2020