cpi

Consumer Price Index: All Groups CPI, July 2024.

Status: Published Published 27 Aug 2024

Summary

Consumer Price Index: All Groups CPI, July 2024.

Consumer Price Index: All Groups CPI, July 2024.
Puntland basket of consumer goods and services sample contains 12 categories based on the standard classification of individual consumption by purpose. These 12 categories consist of 387 individual items of goods and services and the price per item is collected from the markets of all the major cities in Puntland on weekly basis.
The All-Groups CPI decreased from 103.72 to 103.42 in July 2024. The monthly change of July 2024 was decrease of -0.30 percent compared to an increase of 0.15 percent in the previous month of June 2024. The most significant monthly price decrease was in Miscellaneous Goods & Services (-2.47%), Food & Beverages (-1.29%), Clothing & Footwear (-0.43%), Tobacco & khat (-0.37%) and Recreation & Culture (-0.22%). These positive movements led to price development at All-Groups of CPI level.