Consumer Price Index (CPI) January 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 increased from Dec 2017 to Jan 2018. The CPI was 96.2 percent in Dec 2017 and it increased to 100.7 percent in Jan 2018. However, the CPI for food items was 99.2 percent in Dec which changed to 97.6 percent in Jan. While the CPI for non-food items was 95.3 percent in Dec and it converted to 101.6 percent in Jan.

The monthly inflation rate for all items was 4.7 percent in Jan 2018, up from -4.45 percent in Dec 2017. The inflation rate for food items was -0.74 percent in Dec and it decreased to -1.7 percent in Jan while non-food items was -5.56 percent in Dec and it changed to 6.6 percent in Jan. 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 Jan 2018