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Somalia - Consumer Price Index - October 2018

22-May-2018

Executive Summary

The All Groups CPI was 111.62 in the month of October 2018, compared with 110.36 in the month of September 2018.

The monthly change, October 2018 compared to September 2018, was a slight decrease of 1.14 percent (1.14 index points). This is compared to a monthly increase of 1.17 percent in the previous month of September 2018.The most significant monthly price increases were Housing, Water, Electricity and Gas (+2.11 percent). This was mainly due to increases in prices of electricity and water (Chart 2).

Over the twelve months to the month of October 2018 (inflation rate), the All Groups CPI increased 3.98 percent (3.98 index points), compared with a decrease of 3.46 percent over the twelve months to the month of September 2018.

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