Consumer Price Index (CPI) Monthly November 2017

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 all CPI items increases from Oct to Nov 2017. The figures show that all CPI items were 99.1 percent in Oct 2017 and it increases to 100.7 percent in Nov 2017. According to Food items was 99.1 percent in Oct which changed to 99.9 percent in Nov. while Non-food items was 99.1 percent in Oct and it became 101.1 percent in Nov respectively. For monthly CPI, it indicates that there is a big change for Non-food items compared to all CPI and food items.

The monthly inflation rate for all CPI items was 1.63 percent in Nov 2017, up from 0.83 percent in Oct 2017. The inflation rate for food items was -0.35 percent in Oct and it increases to 0.79 percent in Nov while non-food items was 1.19 percent in Oct and it increases to 1.89 percent in Nov and it indicates that there is a big change for monthly inflation rate in food items than all CPI and non-food items.

CPI Monthly Distributed

CPI Report in Nov 2017