cpi

Consumer Price Index October 2023

Status: Published Published 15 Nov 2023

Summary

Consumer Price Index October 2023

**Consumer Price Index October 2023**
Consumer Price Index: All Groups CPI, October 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 decreased from 103.60 to 103.57 in October 2023. The monthly change of October 2023 was decrease of -0.03 percent compared to an increase of 0.01 percent in the previous month of September 2023. The most significant monthly price decrease was in tobacco & khat (-1.25%), restaurant & Hotels (-0.62%), Food & Beverages (-0.41%) and transport (-0.41%). These negative movements leading to a price decline at the All-Groups CPI level.