Consumer Price Index (April , 2018)

SOMALILAND CONSUMER PRICE INDEX
The Central Statistics Department of the Ministry of Planning & National Development (MoNP&D), has released the Consumer Price Index (CPI) for the month of April 2018 (Base year 2012=100).
Highlights of CPI, April 2018.
1.
Annual Inflation The Annual Headline Inflation for the year ending April 2018 decline at 18.3 percent compared to the 18.9 percent recorded during the year ended March 2018.
The Annual Food Crops Inflation which decline to 20.4 percent for the year ending April 2018 compared to 23.0 percent recorded for the year ended March 2018. The driver of Annual Food Crops Inflation were Potatoes decline to 25.6 percent for the year ending April 2018 compared to the 34.3 percent registered during the year ended March 2018. In addition, Peas dry inflation registered a minus 3.1 percent decreased for the year ending April 2018 compared to the 3.6 percent recorded for the year ended March 2018. On the other hand, mainly due the Beans dry inflation a decline 27.4 percent for the ending year ending April 2018 compared to 32.7 percent recorded for year ended March 2018.
The Annual Core Inflation also significance increase to 18.0 percent for the year ending April 2018 compared to the 17.7 percent recorded for the year ended March 2018. This was driven by the Milk, cheese and eggs inflation that registered 16.0 percent increase the ending April 2018 compared to the 4.6 percent recorded during the year ended March 2018. Similarly, Meat inflation increase to 23.9 percent for the year ending April 2018 compared to the 21.4 percent recorded for the year ended March 2018.
In addition, the Annual Energy, Fuels and Utilities (EFU) Inflation decline to 18.0 percent for the year ending April 2018 compared to the 25.9 percent recorded during the year ended March 2018. The drivers were Electricity Annual inflation that decline 42.3 percent for the year ending April 2018 compared to 58.1 percent recorded for the year ended March 2018. In addition, the Solid fuels inflation that decline to 13.0 percent for the year ending April 2018 compared to 21.3 percent recorded in March 2018. Similarly, the Water supply Inflation increase by minus 2.8 percent in April 2018 compared 17.7 percent recorded in March 2018. 2. Monthly Inflation The Monthly Headline Inflation for April 2018 increase by 0.8 percent compared 0.5 percent recorded in March 2018. Core monthly inflation that increases 1.5 percent during April 2018 compared the 0.2 percent recorded in March 2018. While the Food crop & related items Inflation decline by minus 0.1 percent in April 2018 compared minus 0.3 percent recorded in March 2018. However, the Monthly Energy Fuel & utilities Inflation decline by minus 3.3 percent for the month of April 2018 compared 0.6 percent recorded during March 2018.

CPI Price Index -April 2018 download