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•  0.7% monthly increase on CPI of June 2017, compared with the previous month.
•  0.8% annual increase on CPI of June 2017, compared with June 2016.

    The Ministry of Development Planning & Statistics (MDPS) has released the Consumer Price Index (CPI) for the month of June 2017. The CPI of June, 2017 reached to 108.5 (base year is 2013) showing an increase by 0.7%, when compared to CPI of May, 2017. Compared to CPI of June, 2016, [Y-o-Y basis] of 0.8% increase has been recorded in the general index (CPI) of this month.
    
 An analysis [on M-o-M basis] of CPI for June, 2017 compared with May, 2017 CPI, shows that there are five main groups, where respective indices in this month have increased, namely: “Food and Beverages” by 2.5, “Recreation and Culture” by 2.3%, “Transport” by 1.7%, “Clothing and Footwear” by 1.0%. “Miscellaneous Goods and Services” by 0.5%. %.   A decrease in prices is also noticed in “Housing, Water, Electricity and other Fuel” by 0.6%, “Furniture and Household Equipment” and “Restaurants and Hotels “by 0.1% each. The other four groups: “Tobacco”,  “Health”, “Communication”, and “Education” have remained flat at the last month’s price level. Graph (1) and (2) show the movement of monthly CPIs of “Food and Beverages” and “Housing, Water, Electricity and Gas”.

              A comparison of the CPI, June, 2017 with the CPI, June, 2016 (Annual Change), points a rise in the general index (CPI), by 0.8%. This [Y-o-Y] price surge is primarily due to the increasing prices seen in the six groups, namely: “Transport” by 8.9%”, “Education” by 3.0%, “Health” by 2.6%, “Food and Beverages” by 2.4%, “Furniture and Household Equipment” by 1.4%, “Miscellaneous Goods and Services” by 1.2%. Also, there has been a decrease in price levels in five groups, namely: “Housing, Water, Electricity and other Fuel” by 2.9%, “Restaurants and Hotels” by 2.2%, “Clothing and Footwear” by 1.9%,  “Recreation and Culture” by 1.8%, “Communication” by 0.1%. No changes recorded in “Tobacco” group. Table (1) and Graph (3) shows the monthly and annual comparison for CPI of June 2017, also graph (4) shows a monthly and an annual change in CPI during June 2016 to June 2017.
  
The CPI of June, 2017 excluding “Housing, Water, Electricity and other Fuel” group stands at 107.6, showing  an increase of 1.2% when compared to the index of May 2017, and a 2.0%  when compared to the CPI of June 2016. Table (2) presents CPI excluding “Housing, Water, Electricity and other Fuel” and Graph (5) shows the monthly percentage change of CPI with and without Housing component.

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