Consumer Price Index (CPI) May 2019

Puntland Consumer price Index monthly report for May 2019

Consumer Price Index: All Groups CPI, May 2019.

The All Groups CPI increased from 85.7 to 87.2 in the month of May 2019. The monthly change of May compared to the monthly change of April 2019 was an increase of 1.7 percent and 3.8 percent respectively.

The most significant monthly price increases were Clothing and Footwear (+3.1%); Housing, Water, Electricity & Gas (+2.4%); Alcoholic Beverages, Tobacco & Narcotics (+2.4%); Recreation & Culture (+1.9%) and Restaurants & Hotels (+1.7%). In general, there was a groundswell of positive price development.

Change In The Price Indices For May 2019

wdt_ID COICOP Classification Group May 2018 Index April 2019 Index May 2019 Index Apr-19 to May-19 (monthly) % change May-18 to May 19 (Annual) % change
1 All Groups CPI 84.3 85.7 87.2 1.7 3.5
2 Food & Non-Alcoholic Beverages 84.3 85.4 86.9 1.8 3.1
3 Tobacco & Narcotics 87.3 80.6 82.5 2.4 -5.5
4 Clothing & Footwear 77.5 79.9 82.4 3.1 6.4
5 Housing, Water, Electricity & Gas 83.1 86.3 88.3 2.4 6.3
6 Furnishing, Households and Maintenance 89.2 87.6 87.9 0.4 -1.4
7 Health 84.5 84.4 84.7 0.3 0.2
8 Transport 67.3 74.6 74.9 0.4 11.3
9 Communication 82.9 87.1 87.1 0.0 5.1
10 Recreation & Culture 79.7 80.1 81.5 1.9 2.3
COICOP Classification Group May 2018 Index April 2019 Index May 2019 Index Apr-19 to May-19 (monthly) % change May-18 to May 19 (Annual) % change

The annual change (or inflation rate), over the twelve months to the month of May 2019, was an increase of 3.5 percent. This change is compared to an increase of 1.9 percent over the twelve months to the month of April 2019.

The most significant price increases were Transport (+11.3%); Clothing and Footwear (+6.4%); Housing, Water, Electricity & Gas (+6.3%); Communication (+5.1%) and Food & Non-Alcoholic Beverages (+3.1%).

These positive movements were partly offset by price decreases in Alcoholic Beverages, Tobacco & Narcotics (-5.5%); Miscellaneous Goods & Services (‑3.7%); Restaurants & Hotels (-1.7%); and Furnishings, Household Equipment & Maintenance (-1.4%).

CPI_Puntland_Report_May_2019