Consumer Price Index (CPI) December 2019

Puntland Consumer price Index monthly report for December 2019

The All Groups CPI increased from 84.34 to 84.85 in the month of December 2019. The monthly change of December was an increase of 0.60 percent compared to a decrease of -0.2 percent in the previous month of November 2019.

The most significant monthly price increases were recreation &culture (+4.46%), Health (+2.83%), Miscellaneous Goods & Services (+2.26%), Housing, Water, Electricity & Gas (+2.21%), Tobacco & Khat (1.44%), Clothing and Footwear (+0.62%), Furnishings, & Household Equipment (+0.35%).

These positive movements were partially offset by price decreases in Communication (-1.28%), Restaurants and Hotels (-1.12%), food and non-alcoholic beverages (-0.52%) leading to a relatively flat result at the All Groups CPI level.

Change In The Price Indices For December 2019

wdt_ID COICOP Classification Group December 2018 Index November 2019 Index December 2019 Index Nov-19 to Dec-19 (monthly) % change December-18 to December 19 (Annual) % change
1 All Groups CPI 75.56 84.34 84.85 0.60 12.29
2 Food & Non-Alcoholic Beverages 74.48 82.12 81.70 -0.52 9.70
3 Tobacco & Narcotics 74.92 87.24 88.49 1.44 18.11
4 Clothing & Footwear 70.36 86.14 86.67 0.62 23.18
5 Housing, Water, Electricity & Gas 74.47 85.58 87.47 2.21 17.46
6 Furnishing, Households and Maintenance 81.74 87.39 87.69 0.35 7.29
7 Health 72.24 79.48 81.74 2.83 13.15
8 Transport 76.00 90.95 90.99 0.05 19.73
9 Communication 83.64 87.00 85.88 -1.28 2.68
10 Recreation & Culture 86.63 98.52 102.92 4.46 18.80
COICOP Classification Group December 2018 Index November 2019 Index December 2019 Index Nov-19 to Dec-19 (monthly) % change December-18 to December 19 (Annual) % change

The annual change (or inflation rate), over the twelve months to the month of December 2019, was an increase of 12.39 percent. This change is compared to an increase of 13.5 percent over the twelve months to the month of November 2019.

The most significant price increases were Clothing and Footwear (+23.18%), Transport (+19.73%), Recreation and Culture (+18.80%),  Tobacco & Khat (+18.11%), Housing, Water, Electricity & Gas (+17.46%) and Health (+13.15%), Miscellaneous Goods & Services (+12.27%), In general, there was a groundswell of positive price development.

CPI Puntland Report In December 2019