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Somalia - Consumer Price Index - December 2018

29-Jan-2019

Executive Summary

Over the twelve months to the month of December 2018 (the rate of inflation), the All items CPI increased 3.49 percent (index points).

The All items CPI index was 111.46in the month of December 2018, compared with 111.85in the month of November 2018. The monthly change, in December 2018 compared to November 2018, was a decrease of -0.35percent (index points). This is compared to a monthly increase of 0.21percent in the previous month of November 2018.

The most significant monthly price increases were for the Group Transport(+7.61 percent). This was mainly due to increases in prices for Transport Services Especially Passenger transport by air which was partially offset by a decrease in Passenger transport by road. (Chart 2).

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