Monthly Consumer Price Index (February 2018)

Consumer Price Index (CPI) February, 2018

The Central Statistics Department of the Ministry of Planning & National Development (MoNP&D), has released the Consumer Price Index (CPI) for the month of February 2018 (Base year 2012=100).

  1. Annual Inflation

The Annual Headline Inflation for the year ending February 2018 slight increase at 19.1 percent compared to the 18.9 percent recorded during the year ended January 2018.

The Annual Food Crops Inflation which decline to 26.2 percent for the year ending February 2018 compared to 32.7 percent recorded for the year ended January 2018. The driver of  Annual Food Crops Inflation were Fruit decline to 23.4 percent for the year ending February 2018 compared to the 35.1 percent registered during the year ended January 2018. In addition, Food Products n.e.c. inflation registered an 16.7 percent increased for the year ending February 2018 compared to the 17.5 percent recorded for the year ended January 2018.

The Annual Core Inflation also significance increase to 17.5 percent for the year ending February 2018 compared to the 17.0 percent recorded for the year ended January 2018. This was driven by the Materials for the Maintenance and repair of the dwelling inflation that registered 14.1 percent significance increase the ending February 2018 compared to the 14.1 percent recorded during the year ended January 2018. Similarly, Footwear inflation increase to 23.4 percent for the year ending February 2018 compared to the 21.5 percent recorded for the year ended January 2018.

 In addition, the Annual Energy, Fuels and Utilities (EFU) Inflation increase to 27.1 percent for the year ending February 2018 compared to the 22.2 percent recorded during the year ended January 2018. The drivers were Paraffin or Kerosene Annual inflation that increase 55.6 percent for the year ending February 2018 compared to 27.3 percent recorded for the year ended January 2018. In addition, the Petrol inflation that rose to 26.2 percent for the year ending February 2018 compared to 2.6 percent recorded in January 2017. Similarly, the Diesel Inflation increase by 36.7 percent in February 2018 compared 7.7 percent recorded in January 2018

  1. Monthly Inflation

The Monthly Headline Inflation for February 2018 dropped by 0.6 percent compared 0.8 percent recorded in January 2018. Core monthly inflation that decline 0.7 percent during February 2018 compared the 1.0 percent recorded in January 2018. Similarly, the Food crop & related items Inflation decreased by minus 0.2 percent in February 2018 compared 0.3 percent recorded in January 2018. However, the Monthly Energy Fuel & utilities Inflation significance increase by 0.6 percent for the month of February 2018 compared minus 0.3 percent recorded during January 2018.
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