Consumer Price Index (November, 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 November 2019 (Base year 2012=100).

Highlights of CPI, November 2019.

1.             Annual Inflation

The Annual Headline Inflation for the year ending of November 2019 increase 4.5 percent compared to the 4.0 percent recorded for the year ended October 2019.

Annual Food Inflation of year ending November 2019 decrease 8.0 percent compared 8.7 percent recorded in year ended October 2019.

The Annual Food Crops Inflation decreased 6.1 percent for the year ending November 2019 compared to 10.2 percent recorded for the year ended October 2019. The drivers of changes were Guavas that decreased to (6.2) percent for the year ending November 2019 compared to 8.5 percent registered for the year ending October 2019. Meanwhile, the dry Beans inflation registered an decrease of (9.5) percent for the year ending November 2019 compared to (5.6) percent recorded for the year ended October 2019. Similarly, Onions inflation decreased (25.6) percent for the ending year ending November 2019 compared to the (5.3) percent for the year ended October 2019. In addition, the Potatoes inflation decrease to (27.0) percent for the ending year ending November 2019 compared to 3.4 percent for the year ended October 2019.

The Annual Energy Inflation, Fuels and Utilities (EFU) decreased to (6.3) percent for the year ending November 2019 compared (7.1) percent recorded for the year ended October 2019.

  1. Monthly Inflation

The Monthly Headline Inflation for the year ending of November 2019 increase 0.6 percent compared to the 0.5 percent recorded October 2019.

Monthly Food Inflation of November 2019 decrease s (0.6) percent compared 1.2 percent recorded in ending October 2019.

Food Crop & Related items monthly Inflation decreased to (4.1) percent in November 2019 compared 0.9 percent recorded in October 2019, In addition The Core monthly inflation increased 1.3 percent during November 2019 compared 0.7 percent recorded in October 2019 and.  Similarly, the Monthly Energy Fuel & utilities Inflation were constant by (2.3) percent for the month of November 2019 compared to (2.3) percent recorded during October 2019.

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