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Somalia - Consumer Price Index - August 2019

24-Sep-2019

The All Groups CPI was 115.41 in the month of August 2019, compared with 116.36 in the month of July 2019. The monthly change, August 2019 compared to July 2019, was a decrease of -0.81 percent. This is compared to a monthly decrease of -0.55 percent in the previous month of July 2019. The most significant monthly price increases were Tobacco & Narcotics and Transport (+4.24%) and (+2.76) respectively. For transport, it was mainly due to increases in prices for air tickets during Hajj season. Most of the upwards contribution came from prices of Passenger transport by air. (+12.56%) (Chart 2). Over the twelve months to the month of August 2019 (inflation rate), the All Groups CPI decreased 5.80 percent, compared with 6.81 percent over the twelve months to the month of July 2019

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