Consumer Price Index (September, 2017)

Consumer Price Index-Sep-2017The Central Statistics Department of the Ministry of National Planning & Development (MoNP&D), has released the Consumer Price Index (CPI) for the month of September 2017 (Base year 2012=100).

Highlights of CPI, September2017

1. Annual Inflation
The Annual Headline Inflation for the year ending September 2017 raise at 19.9 percent compared to the 14.9 percent recorded during the year ended August 2017.

The Annual Food Crops Inflation which rose to 33.5 percent for the year ending September 2017 compared to 23.3 percent recorded for the year ended August 2017. The driver of Annual Food Crops Inflation were Vegetables that increased to 30.9 percent for the year ending September 2017 compared to the 18.5 percent registered during the year ended August 2017. In addition, Fruit inflation registered a 37.3 percent rise for the year ending September 2017 compared to the 29.7 percent recorded for the year ended August 2017.

The Annual Core Inflation also rose to 17.4 percent for the year ending September 2017 compared to the 13.1 percent recorded for the year ended August 2017. This was driven by the Narcotics inflation that registered 56.2 percent raised the ending September 2017 compared to the 1.2 percent recorded during the year ended July 2017. Other goods inflation increase to 20.0 percent for the year ending September 2017 compared to the 14.9 percent recorded for the year ended August 2017.

In addition, the Annual Energy, Fuels and Utilities (EFU) Inflation rose to 30.3 percent for the year ending September 2017 compared to the 24.8 percent recorded during the year ended August 2017. The drivers were Petrol Annual inflation that increase 60.0 percent for the year ending September 2017 compared to 40.0 percent recorded for the year ended August 2017.In addition, were Sewage inflation that rose to 32.9 percent for the year ending September 2017 compared to 16.2 percent recorded in August 2017.

2. Monthly Inflation
The Monthly Headline Inflation for September 2017 increase by 4.0 percent compare 1.1 percent recorded in August 2017. Core monthly inflation that slight increase 3.6 percent during September 2017 compared the 1.5 percent recorded in August 2017. Similarly, the EFU Inflation dropped by 0.2 percent in September 2017 from the 1.0 percent recorded in August 2017. However, the Monthly Food Crop & related items Inflation rose by 9.4 percent for the month of September 2017 from the minus 2.0 percent recorded during August 2017.
Consumer Price Index-Sep-2017