Consumer Price Index ( December, 2019 )

SOMALILAND CONSUMER PRICE INDEX

 

The Central Statistics Department of the Ministry of Planning & National Development (MoPND), has released the Consumer Price Index (CPI) for the Month of December 2019 (Base year 2012=100).  Highlights of CPI, December 2019.

1.Annual Inflation

The Annual Headline Inflation for the year ending of December 2019 is recorded at 4.7 percent compared to the 4.5 percent recorded during the year ended November 2019. Annual F ood Inflation of year ending December 2019 increase d 9. 4 percent compared 8.0 percent recorded in year end ed November 2019.

The Annual Food Crops Inflation increased by 6.7 percent for the year ending December 2019 compared to 6.1 percent recorded for the year ended November 2019. The drivers of change were Orange increased to 10.9 percent for the year ending December 2019 compared to 5.1 percent registered for the year ending November 2019. Meanwhile, the Guavas inflation registered increase 21.8 percent for the year ending December 2019 compared to the 16.5 percent recorded for the year ended November 2019. Similarly, Mango, Avocado pea inflation increased 10.7 percent for the year ending December 2019 compared to (6.2) percent for the year ended November 2019. In addition, the pea dry inflation increased at 7.7 percent for the ending year ending December 2019 compared to 4.0 percent for the year ended November 2019.

The Annual Energy Inflation, Fuels and Utilities (EFU) decrease to (6.7) percent for the year ending December 2019 compared (6.3) percent recorded for the year ended November 2019. The drivers were Charcoal inflation decreased (5.1) percent for the year ending December 2019 compared to (7.1) percent recorded for the year ended November 2019. In addition, the Diesel inflation decrease (23.1) percent for the ending year ending December 2019 compared to (7.7) percent for the year ended November 2019.

  1. Monthly Inflation

The Monthly Headline Inflation for December 2019 constant at 0.6 percent compared to the 0.6 percent recorded November 2019.

Monthly Food Inflation of December 2019 increase d at 1. 4 percent compared (0.5) percent recorded in November 2019.

Food Crop & Related items monthly Inflation recorded at 2.2 percent in December 2019 compared (4.1) percent recorded in November 2019, In addition Core monthly inflation decreased 0.4 percent during December 2019 compared 1.2 percent recorded in November 2019 and.  Similarly, the Monthly Energy Fuel & utilities Inflation increased by 0.9 percent for the month of December 2019 compared to (2.3) percent recorded during November 2019.

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