Consumer Price Index (CPI) May 2020

Puntland Consumer price Index monthly report for May 2020

The All Groups CPI increased from 87.66 to 88.11 in the month of May 2020. The monthly change of May was an increase of 0.51 percent compared to an increase of 1.60 percent in the previous month of April 2020.

The most significant monthly price increases were Restaurants and Hotels (3.25%), Miscellaneous Goods & Services (2.23%), Clothing & footwear (1.07%), Health (0.89%), food & beverages (0.60 %).

These positive movements were partially offset by price decreases in Tobacco & Khat (-1.49%). housing, water, electricity, gas, and other fuels (-0.20%). Transportation (-0.16%). leading to a relatively flat result at the All Groups CPI level.

Change In The Price Indices For May 2020

wdt_ID COICOP Classification Group May 2019 Index April 2020 Index May 2020 Index April-20 to May-20 (monthly) % change May 19 to May 20 (Annual) % change
1 All Groups CPI 84.79 87.66 88.11 0.51 3.91
2 Food & Non-Alcoholic Beverages 84.07 85.25 85.76 0.60 2.02
3 Tobacco & Narcotics 82.49 100.81 99.31 -1.49 20.40
4 Clothing & Footwear 82.48 93.91 94.91 1,47 15.27
5 Housing, Water, Electricity & Gas 85.13 86.90 86.73 -0.20 1.88
6 Furnishing, Households and Maintenance 85.53 87.94 88.45 0.58 3.41
7 Health 79.99 84.37 85.13 0.89 6.42
8 Transport 88.59 91.58 91.43 -0.16 3.21
9 Communication 85.68 87.67 87.64 -0.03 2.29
10 Recreation & Culture 96.05 104.02 104.07 0.05 8.35
COICOP Classification Group May 2019 Index April 2020 Index May 2020 Index April-20 to May-20 (monthly) % change May 19 to May 20 (Annual) % change

The annual change (or inflation rate), over the twelve months to the month of May 2020, was an increase of 3.91 percent. This change is compared to an increase of 5.08 percent over the twelve months to the month of April 2020.

The most significant price increases were Tobacco & Khat (20.40%), Clothing& footwear (15.27%), Education (10.17%) and Recreation and Culture (8.35%), Miscellaneous Goods & Services (6.99%), Health (6.42%), how In general There has been a well-grounded positive price development.

CPI Puntland Report in May 2020