Consumer Price Index (CPI) July 2019

Puntland Consumer price Index monthly report for July 2019

Consumer Price Index: All Groups CPI, july 2019.

The All Groups CPI decreased from 84.3 to 84.2 in the month of July 2019. The monthly change of July was a decrease of -0.1 percent compared to a decrease of -0.6 percent in the previous month of June 2019.

The most significant monthly price increases were Education (+2.2%), Recreation and Culture (+1.3%), Furnishings, Household Equipment & Maintenance (+1.1%), Health (+0.4%), Transportation (+0.2%) and Food and Non-Alcoholic Beverages (+0.3%).

These positive movements were fully offset by price decreases in Alcoholic Beverages, Tobacco & Narcotics (-4.7%), Restaurants & Hotels (-3.0%), Clothing and Footwear (-2.1%), Miscellaneous Goods & Services (-1.6%) and Housing, Water, Electricity & Gas (-0.1%) leading to a relatively flat result at the All Groups CPI level.

Change In The Price Indices For July 2019

wdt_ID COICOP Classification Group July 2018 Index June 2019 Index July 2019 Index June-19 to July-19 (monthly) % change July-18 to July 19 (Annual) % change
1 All Groups CPI 77.3 84.3 84.2 -0.1 8.8
2 Food & Non-Alcoholic Beverages 77.4 82.5 82.7 0.3 6.9
3 Tobacco & Narcotics 78.1 87.9 83.7 -4.7 7.3
4 Clothing & Footwear 72.0 84.9 83.2 -2.1 15.5
5 Housing, Water, Electricity & Gas 75.8 84.7 84.7 -0.1 11.8
6 Furnishing, Households and Maintenance 80.8 85.4 86.3 1.1 6.9
7 Health 71.2 81.0 81.3 0.4 14.2
8 Transport 75.6 88.3 88.4 0.2 16.9
9 Communication 80.9 85.9 85.9 0.0 6.2
10 Recreation & Culture 86.4 96.1 97.4 1.3 12.8
COICOP Classification Group July 2018 Index June 2019 Index July 2019 Index June-19 to July-19 (monthly) % change July-18 to July 19 (Annual) % change

The annual change (or inflation rate), over the twelve months to the month of July 2019, was an increase of 8.8 percent. This change is compared to an increase of 7.9 percent over the twelve months to the month of June 2019.

The most significant price increases were Transportation (+16.9%), Clothing and Footwear (+15.5%), Health (+14.2%), Recreation and Culture (+12.8%), Housing, Water, Electricity & Gas (+11.8%), and Restaurants & Hotels (+7.4%). In general, there was a groundswell of positive price development.

CPI Puntland Report in July 2019