Consumer Price Index (CPI) April 2020

Puntland Consumer price Index monthly report for April 2020

The All Groups CPI increased from 86.28 to 87.66 in the month of April 2020. The monthly change of April was an increase of 1.60 percent compared to an increase of 1.07 percent in the previous month of March 2020.

The most significant monthly price increases were Restaurants and Hotels (10.32%), Tobacco & Khat (8.31%). Clothing & footwear (3.80%), Education (2.87%), food & beverages (2.01%), Recreation and Culture (1.80%) .

These positive movements were partially offset by price decreases in Miscellaneous Goods & Services (-1.76%) and furnishings, household equipment and routine maintenance (-1.03%).  leading to a relatively flat result at the All Groups CPI level.

Change In The Price Indices For April 2020

wdt_ID COICOP Classification Group April 2019 Index March 2020 Index April 2020 Index March-20 to April-20 (monthly) % change April 19 to April 20 (Annual) % change
1 All Groups CPI 83.42 86.28 87.66 1.60 5.08
2 Food & Non-Alcoholic Beverages 82.74 83.57 85.25 2.01 3.04
3 Tobacco & Narcotics 80.30 93.08 100.81 8.31 25.55
4 Clothing & Footwear 80.23 90.46 93.91 3.80 17.04
5 Housing, Water, Electricity & Gas 83.06 86.89 86.90 0.02 4.63
6 Furnishing, Households and Maintenance 85.23 88.85 87.94 -1.03 3.18
7 Health 79.79 83.70 84.37 0.80 5.74
8 Transport 88.20 91.31 91.58 0.29 3.84
9 Communication 85.68 87.55 87.67 0.14 2.32
10 Recreation & Culture 95.75 102.18 104.02 1.80 8.64
COICOP Classification Group April 2019 Index March 2020 Index April 2020 Index March-20 to April-20 (monthly) % change April 19 to April 20 (Annual) % change

The annual change (or inflation rate), over the twelve months to the month of April 2020, was an increase of 5.08 percent. This change is compared to an increase of 9.35 percent over the twelve months to the month of March 2020.

The most significant price increases were Tobacco & Khat (25.55%), Clothing& footwear (17.04%), Education (10.17%) and Recreation and Culture (8.64%), Health (5.74%).  Miscellaneous Goods & Services (5.00%) Housing, Water, Electricity & Gas (4.63%), however, there were no decrease in the annual change. In general, there has been a well-grounded positive price development.

CPI Puntland Report in APRIL 2020