Consumer Price Index (CPI) March 2020

Puntland Consumer price Index monthly report for March 2020

The All Groups CPI increased from 85.36 to 86.28 in the month of March 2020. The monthly change of March was an increase of 1.07 percent compared to an increase of 0.54 percent in the previous month of February 2020.

The most significant monthly price increases were Restaurants and Hotels (4.97%) Clothing & footwear (2.67%), food & nonalcoholic beverages (1.51%), Miscellaneous Goods & Services (1.26%) Tobacco & Khat (0.91%).

These positive movements were partially offset by price decreases in Recreation and Culture (-0.19%) leading to a relatively flat result at the All Groups CPI level.

Change In The Price Indices For March 2020

wdt_ID COICOP Classification Group March 2019 Index February 2020 Index March 2020 Index Feb-20 to March-20 (monthly) % change March 19 to March 20 (Annual) % change
1 All Groups CPI 80.70 85.36 86.28 1.07 6.91
2 Food & Non-Alcoholic Beverages 79.65 82.33 83.57 1.51 4.92
3 Tobacco & Narcotics 78.74 92.24 93.08 0.91 18.21
4 Clothing & Footwear 78.30 88.12 90.46 2.67 15.53
5 Housing, Water, Electricity & Gas 79.37 86.83 86.89 0.06 9.47
6 Furnishing, Households and Maintenance 83.96 88.54 88.85 0.36 5.83
7 Health 77.71 83.52 83.70 0.22 7.71
8 Transport 87.29 91.13 91.31 0.20 4.61
9 Communication 85.63 87.52 87.55 0.03 2.24
10 Recreation & Culture 92.10 102.37 102.18 -0.19 10.94
COICOP Classification Group March 2019 Index February 2020 Index March 2020 Index Feb-20 to March-20 (monthly) % change March 19 to March 20 (Annual) % change

The annual change (or inflation rate), over the twelve months to the month of March 2020, was an increase of 9.35 percent. This change is compared to an increase of 9.14 percent over the twelve months to the month of February 2020.

The most significant price increases were Tobacco & Khat (18.21%), Clothing& footwear (15.53%) and Recreation and Culture (10.94%), Miscellaneous Goods & Services (9.49%) Housing, Water, Electricity & Gas (9.47%), Health (71.71%). however, there were a decrease in Restaurants &Hotels (-5.07%) In general, there was a groundswell of positive price development.

CPI Puntland Report in March 2020