Consumer Price Index ( January, 2020 )

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 January 2020 (Base year 2012=100).

Highlights of CPI, January 2020.

1.        Annual Inflation

The Annual Headline Inflation for the year ending of January 2020 is recorded at 4.6 percent compared to the 4.7 percent recorded for the year ended December 2019.

Annual Food Inflation of year ending January 2020 decreased at 9.3 percent compared 9.4 percent recorded in year ended December 2019.

Annual inflation of Food Crops Increased at 7.4 percent for the year ending January 2020 compared to 6.7 percent recorded for the year ended December 2019. The change to the annual food crop increase was largely attributed by Orange increase to 15.8 percent for the year ending January 2020 compared to 10.9 percent registered for the year ending December 2019. Meanwhile, the Mangoes, avocado pea inflation registered increase at 26.7 percent for the year ending January 2020 compared to the 10.7 percent recorded for the year ended December 2019. .Similarly, Melon increased at 39.7 percent for the ending year ending January 2020 compared to the 27.7 percent recorded for the year ended December 2019. Besides, the Lettuce inflation increased at 31.8 percent for the ending year ending January 2020 compared to 20.4 percent for the year ended December 2019.

The Annual Energy Inflation, Fuels and Utilities (EFU) increased at (3.2) percent for the year ending January 2020 compared to (6.7) percent recorded for the year ended December 2019. The change was caused by Water private supplies inflation increased 4.1 percent for the year ending January 2020 compared to 3.5 percent recorded for the year ended December 2019. The driver was Charges- use of electricity inflation increased (10.7) percent for the year ending January 2020 compared to (29.3) percent recorded for the year ended December 2019.

        2. Monthly Inflation

The Monthly Headline Inflation for January 2020 decreased at 0.5 percent compared to the 0.6 percent recorded December 2019. Monthly Food Inflation of January 2020 decreased at 0.9 percent compared 1.4 percent recorded in December 2019. Food Crop & Related items monthly Inflation at increased 3.8 percent in January 2020 compared 2.2 percent recorded in December 2019. Also the Core monthly inflation decreased 0.1 percent during January 2020 compared 0.4 percent recorded in December 2019 and.  Similarly, the Monthly Energy Fuel & utilities Inflation a decreased by 0.5 percent for the month of January 2020 compared 0.9 percent recorded during December 2019.

ENGLISH