Summary
Consumer Price Index March 2024
**Consumer Price Index March 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 103.28 to 103.13 in March 2024. The monthly change of March 2024 was a decrease of -0.15 percent compared to a decrease of -1.02 percent in the previous month of March 2024. The most significant monthly price decrease was in Miscellaneous Goods & Services (-1.08%), Housing, Water, Electricity, Gas (-0.61%), Communication (-0.33%), and Food & Beverages (-0.13%). The most significant price increase was Clothing & Footwear (0.34%) and Health (2.17%). These negative movements led to price decreases at All-Groups of CPI level.
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 103.28 to 103.13 in March 2024. The monthly change of March 2024 was a decrease of -0.15 percent compared to a decrease of -1.02 percent in the previous month of March 2024. The most significant monthly price decrease was in Miscellaneous Goods & Services (-1.08%), Housing, Water, Electricity, Gas (-0.61%), Communication (-0.33%), and Food & Beverages (-0.13%). The most significant price increase was Clothing & Footwear (0.34%) and Health (2.17%). These negative movements led to price decreases at All-Groups of CPI level.