Updated Somaliland CPI Sept 2018

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SirLancelLord

Reformation of Somaliland
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The Central Statistics Department of the Ministry of Planning &National Development (MoP&ND),
has released the Consumer Price Index (CPI) for the Month of September 2018 (Base year 2012=100).

Highlights of CPI, September 2018.

1. Annual Inflation:
The Annual Headline Inflation for the year ending September 2018 decline at 9.6 percent compared to the 13.7 percent recorded during the year ended August 2018.
The Annual Food Crops Inflation which decreases to 3.9 percent for the year ending September 2018 compared to 13.4 percent recorded for the similar month. The driver of Annual Food Crops Inflation were Tomatoes decreased to 8.6 percent for the year ending September 2018 compared to the 23.7 percent registered similar month. In addition, Cabbages (Fresh or Chilled) inflation registered decrease to 12.6 percent for the year ending September 2018 compared to the 24.4 percent recorded for the similar month. Similarly, Potatoes inflation decreased minus 8.8 percent for the ending year ending September 2018 compared to 19.2 percent the corresponding month. Food crop price depend to seasonal factor and the new harvest of farmers to this season.

The Annual Core Inflation also decline to 9.9 percent for the year ending September 2018 compared to 13.5 percent Corresponding month. This was driven by the Sesame/Sunflower oil Inflation decline that registered minus 1.0 percent the ending September 2018 compared to 6.6 percent recorded during the Corresponding month. In addition Maize, grain inflation decline to 12.6 percent for the year ending September 2018 compared to the 17.0 percent recorded for the Corresponding month. Similarly, Macaroni, spaghetti inflation decline to 5.1 percent for the year ending September 2018 compared to the 10.6 percent recorded for the Corresponding month.

The Annual Energy Inflation, Fuels and Utilities (EFU) decline to 14.4 percent for the year ending September 2018 compared to the 15.7 percent recorded Corresponding month. The drivers were Petrol Annual inflation that decrease 12.5 percent for the year ending September 2018 compared to 42.9 percent recorded for the Corresponding month. The Diesel inflation has decreased to 14.3percent for the year ending September 2018 compared to 23.1 percent recorded in Corresponding month. Similarly, the Gas (natural and liquefied) Inflation decrease by 17.3 percent in September 2018 compared 17.6 percent recorded in Corresponding month.

2. Monthly Inflation
The Monthly Headline Inflation for September 2018 decreased by 0.2 percent compared 1.1 percent recorded in August 2018. The Food Crop & Related items monthly Inflation decrease by 0.2 percent in September 2018 compared 0.9 percent recorded in August 2018. In addition Core monthly inflation that decrease 0.3 percent during September 2018 compared 1.1 percent recorded in August 2018. Similarly, the Monthly Energy Fuel & utilities Inflation decreased by minus 0.
Consumer Price Index September 2018 Download
 

SirLancelLord

Reformation of Somaliland
VIP
Great news! Inflation finally seems to be going down slowly from the last month

Only wish the currency can strengthen in Value missed it being at 5000SLSH to the dollar
 
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