Consumer Price Index (CPI) August 2019

Puntland Consumer price Index monthly report for August 2019

The All Groups CPI increased from 84.2 to 84.3 in the month of August 2019. The monthly change of August was an increase of 0.1 percent compared to a decrease of -0.1 percent in the previous month of July 2019.

The most significant monthly price increases were Alcoholic Beverages, Tobacco & Narcotics (+6.7%), Housing, Water, Electricity & Gas (+4.8%), Miscellaneous Goods & Services (+3.7%), Education (+2.9%), Clothing and Footwear (+2.0%) and Transportation (+2.0%).

These positive movements were fully offset by price decreases in Restaurants & Hotels (-3.3%), Food and Non-Alcoholic Beverages (-3.1%), Communication (-2.5%), Furnishings, Household Equipment & Maintenance(-2.5%), Health (-2.4%), and Recreation and Culture (-1.2%) leading to a relatively flat result at the All Groups CPI level.

Change In The Price Indices For August 2019

wdt_ID COICOP Classification Group August 2018 Index July 2019 Index August 2019 Index July-19 to August-19 (monthly) % change August-18 to August 19 (Annual) % change
1 All Groups CPI 75.3 84.2 84.3 0.9 11.9
2 Food & Non-Alcoholic Beverages 74.2 82.7 80.1 -3.1 8.1
3 Tobacco & Narcotics 76.6 83.7 89.4 6.7 16.7
4 Clothing & Footwear 71.2 83.2 84.8 2.0 19.2
5 Housing, Water, Electricity & Gas 74.1 84.7 88.8 4.8 19.8
6 Furnishing, Households and Maintenance 79.0 86.3 84.2 -2.5 6.5
7 Health 71.0 81.3 79.4 -2.4 11.8
8 Transport 76.2 88.4 90.2 2.0 18.3
9 Communication 83.9 85.9 83.7 -2.5 -0.2
10 Recreation & Culture 85.0 97.4 96.2 -1.2 13.2
COICOP Classification Group August 2018 Index July 2019 Index August 2019 Index July-19 to August-19 (monthly) % change August-18 to August 19 (Annual) % change

The annual change (or inflation rate), over the twelve months to the month of August 2019, was an increase of 11.9 percent. This change is compared to an increase of 8.8 percent over the twelve months to the month of July 2019.

The most significant price increases were Housing, Water, Electricity & Gas (+19.8%), Clothing and Footwear (+19.2%), Transportation (+18.3%), Alcoholic Beverages, Tobacco & Narcotics (+16.7%), Recreation and Culture (+13.2%) and Health (+11.8%). In general, over the twelve months to the month of August 2019, there was a groundswell of positive price development except in Communication which had a decrease of -0.2 percent.

CPI Puntland Report in August 2019