15 Nov Consumer Price Index (CPI) October 2019
Puntland Consumer price Index monthly report for October 2019
The All Groups CPI increased from 84.3 to 84.6 in the month of October 2019. The monthly change of October was an increase of 0.2 percent compared to an increase of 0.8 percent in the previous month of September 2019.
The most significant monthly price increases were Recreation and Culture (+3.8%), Communication(+3.6%), Education (+2.6%), Alcoholic Beverages, Tobacco & Narcotics (+1.9%), Health (+0.8%) and Food and Non-Alcoholic Beverages(+0.5%).
These positive movements were partially offset by price decreases in Transportation (-1.3%), Restaurants and Hotels (-1.3%), Housing, Water, Electricity & Gas (-0.6%) and Clothing and Footwear (-0.3%) leading to a relatively flat result at the All Groups CPI level.
Change In The Price Indices For October 2019
|COICOP Classification Group||October 2018 Index||September 2019 Index||October 2019 Index||September -19 to October-19 (monthly) % change||October-18 to October 19 (Annual) % change|
|wdt_ID||COICOP Classification Group||October 2018 Index||September 2019 Index||October 2019 Index||September -19 to October-19 (monthly) % change||October-18 to October 19 (Annual) % change|
|1||All Groups CPI||74.1||84.3||84.6||0.2||14.6|
|2||Food & Non-Alcoholic Beverages||72.8||81.8||82.2||0.5||12.8|
|3||Tobacco & Narcotics||74.8||87.1||88.7||1.9||18.6|
|4||Clothing & Footwear||68.0||84.6||84.4||-0.3||24.2|
|5||Housing, Water, Electricity & Gas||73.7||86.8||86.3||-0.3||17.1|
|6||Furnishing, Households and Maintenance||78.9||86.4||86.5||0.0||9.6|
|10||Recreation & Culture||84.9||89.6||93.0||3.8||9.6|
The annual change (or inflation rate), over the twelve months to the month of October 2019, was an increase of 14.1 percent. This change is compared to an increase of 11.9 percent over the twelve months to the month of September 2019.
The most significant price increases were Clothing and Footwear (+24.2%), Transportation (+20.7%), Alcoholic Beverages, Tobacco & Narcotics (+18.6%), Health (+18.0%), Housing, Water, Electricity & Gas (+17.1%) andFood and Non-Alcoholic Beverages (+12.8%). In general, there was a groundswell of positive price development.