Consumer Price Index (CPI) February 2018

CPI is obtained by comparing through time, the cost of a fixed basket of commodities purchased by consumers. Since the basket contains commodities of unchanging or equivalent quantity and quality, the index reflects only pure price movements. Price movements of the goods and services represented in the CPI are  weighted  according  to  the  relative  importance  of  commodities  in  the  total  expenditures  of consumers.

In general, Figure 1 and Table 1 shows that all CPI items decreased from Jan 2018 to Feb 2018. The CPI was 100.7 percent in Jan 2018 and it decreased to 98.2 percent in Feb 2018. However, the CPI for food items was 97.6 percent in Jan which changed to 98.8 percent in Feb. While the CPI for non-food items was 101.6 percent in Jan and it converted to 98.0 percent in Feb.

The monthly inflation rate for all items was -2.5 percent in Feb 2018, down from 4.7 percent in Jan 2018. The inflation rate for food items was -1.7 percent in Jan and it increased to 1.3 percent in Feb while non-food items was 6.6 percent in Jan and it changed to -3.5 percent in Feb. It indicates that there is a big change for monthly inflation rate in non-food items than food and all items.

CPI Monthly Distributed

CPI Report in Feb 2018