Consumer Price Index (CPI) of November 2015

        The Ministry of Development Planning & Statistics (MDPS) has released the Consumer Price Index (CPI) for the month of November 2015. The CPI of November, 2015 is estimated at 106.5, showing a slight increase [M-o-M basis] by 0.3% when compared to CPI of October 2015. Compared to CPI of November 2014, an increase [Y-o-Y basis] of 1.9% has been registered in the general index (CPI) of this month.
    
 An analysis [on M-o-M basis] of CPI for November, 2015 compared with October, 2015 CPI, shows that there are three main groups, where respective indices in this month have slightly risen, namely: “Recreation and Culture” by 1.6 %, “Housing, Water, Electricity and Gas” by 0.8%, “Furniture and Household Equipment” by 0.2%. A decline in prices is also noticed in “Miscellaneous Goods and Services” by 0.9% ( primarily due to decrease in gold prices), “Food and Beverages” by 0.4%, “Transport” group by 0.3%, “Clothing and Footwear” by 0.1%. The other five groups: “Tobacco”, “Health” “Communication”, “Education”, “Restaurants and Hotels” have remained flat at the last month’s price level. 
 
A comparison of the CPI, November, 2015 with the CPI, November, 2014, points a rise in the general index (CPI), by 1.9%. This [Y-o-Y] price surge is primarily due to the increasing prices seen in the seven groups, namely: “Education” by 18.0%, “Tobacco” by 6.3%, “Transport“ by 3.2%, “Housing, Water, Electricity and Gas” by 2.6%, “Food and Beverages” by 1.6%, “Furniture and Household Equipment” by 0.4%, “Clothing and Footwear” by 0.1. Also, there has been a decrease in price levels in other groups, namely: Recreation and Culture” by 2.2%, “Restaurants and Hotels” by 1.0%, “Communication” by 0.6%, “Health” by 0.3%, and “Miscellaneous Goods and Services” by 0.1%.
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