Consumer Price Index ( November, 2018 )

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 2018 (Base year 2012=100).

Highlights of CPI, November 2018.

1. Annual Inflation
The Annual Headline Inflation for the year ending November 2018 constant at 8.2 percent compared to the 8.2 percent recorded similar month last year.

The Annual Food Crops Inflation increase 2.5 percent for the year ending November 2018 compared to 1.6 percent recorded for the similar month. The driver of Annual Food Crops Inflation Were Cabbage increase to 25.0 percent for the year ending November 2018 compared to the 11.0 percent registered similar month of the previous year. In addition, Potatoes inflation registered increase to 3.9 percent for the year ending November 2018 compared to the (8.2) percent recorded for the corresponded similar month of the Previous year. Similarly, Apple inflation significance Increase 13.4 percent for the ending year ending November 2018 compared to 9.3 percent corresponded similar month of the previous year. On the other hand, mainly due to Date inflation increase 13.2 percent for the ending year ending November 2018 compared to 9.5 percent corresponded similar month of the previous year.

The Annual Core inflation also constant to 8.5 percent for the year ending November 2018 compared to the 8.5 percent Corresponding month of the previous year.

In addition, the Annual Energy Inflation, Fuels and Utilities (EFU) decline to 12.5 percent for the year ending November 2018 compared to 13.5 percent recorded Corresponding month of the previous year. The drivers were Petrol Annual inflation that 6.2 percent for the year ending November 2018 compared to 12.5 percent recorded for the Corresponding similar month of the preceding year. In addition, the Paraffin or Kerosene inflation that constant to (12.5) percent for the year ending November 2018 compared to (12.5) percent recorded in Corresponding similar month. Similarly, the Gas (Natural & liquefied Inflation significant increase by 14.0 percent in November 2018 compared 11.3 percent recorded in Corresponding similar month of the previous year.

2. Monthly Inflation
The Monthly Headline Inflation for November 2018 decline by 0.1 percent compared 0.5 percent recorded in October 2018. The Food Crop & Related items monthly Inflation decline by (0.4) percent in November 2018 compared 1.1 percent recorded in October 2018. In addition, Core monthly inflation that increase 0. 3 percent during November 2018 compared the 0.1 percent recorded in October 2018.Similarly, the Monthly Energy Fuel & utilities Inflation decline by (0.9) percent for the month of November 2018 compared 3.6 percent recorded during October 2018.

Download full CPI Report – Nov 2018