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Somalia - Consumer Price Index - January 2019

09-May-2019

Executive Summary

Over the twelve months to the month of January 2019 (the rate of inflation), the All items CPI increased 3.18 percent (index points).

The All items CPI index was 109.62 in the month of January 2019, compared with 111.46 in the month of December 2018. The monthly change, in January 2019 compared to December 2018, was a decrease of -1.39percent (index points). This is compared to a monthly increase of -0.35percent in the previous month of December 2018.

The most significant monthly price increases were for the Group Tobacco & Narcotics(+2.65 percent). This was due to rise in the cost of chewing Khat/Miraa based products which was impacted by normal volatility in its prices.(Chart 2).

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