cpi

Consumer Price Index December 2023

Status: Published Published 17 Jan 2024

Summary

Consumer Price Index December 2023

Consumer Price Index: All Groups CPI, December 2023.
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 increased from 103.94 to 104.29 in December 2023. The monthly change of December 2023 was an increase of 0.34 percent compared to increase of 0.36 percent in the previous month of November 2023.
The most significant monthly price increase was in restaurant & Hotels (1.96%), food & Beverages (0.76%), clothing & footwear (0.59%), furnishing, Households and Maintenance (0.39%) and Miscellaneous Goods & Services
(0.11%). These positive movements led to price development at All-Groups of CPI level.