The Consumer Price Index (CPI) of November reached to 108.6 showing an increase of 0.1 percent compared to the CPI of October 2016.
However, when compared to CPI of November 2015, the index has risen 2 percent in November this year, according to the Ministry of Development Planning & Statistics data released yesterday.
A month-on-month analysis of CPI showed that there were four main groups, where respective indices in this month have increased, namely: “Transport” by 0.8 percent, “Recreation and Culture” by 0.7 percent, “Clothing and Footwear” by 0.3 percent, “Restaurants and Hotels” by 0.1 percent.
A decrease in prices is also noticed in “Food and Beverages” by 1.1 percent, and “Miscellaneous Goods and Services” by 0.4 percent. The other groups: “Tobacco”, “Housing, Water, Electricity and other Fuel”, “Furniture and Household Equipment”, “Health”, “Communication”, and “Education” have remained flat at the last month’s price level.
Year-on-Year rise in the prices was primarily due to the increasing prices seen in the eight groups, namely: “Transport” by 5.8 percent”, “Recreation and Culture” by 5.7 percent, “Miscellaneous Goods and Services” by 3.7 percent, “Education” by 3 percent “Housing, Water, Electricity and other Fuel”, and “Furniture and Household Equipment” by 1.8 percent each, “Clothing and Footwear” by 0.6, and “Communication” by 0.1 percent.
Also, there has been a decrease in price levels in three groups, namely: “Food and Beverages” by 3.4 percent, “Restaurants and Hotels” by 1.7 percent, and “Health” by 0.8 percent, and For “Tobacco” group, there is no changes recorded. The CPI of November, 2016 excluding “Housing, Water, Electricity and other Fuel” group stands at 106.6, showing the same changes in monthly and annual rate as in CPI.
