The All-Groups CPI was 142.28 in the month of January 2024, compared with 143.57 in the month of December 2023.
The rate of inflation for January 2024 is the percentage change in the Consumer Price Index (CPI) over the twelve-month period, from December 2022 to January 2024.
The All-Groups CPI monthly change for January 2024 was an increase of -0.90 percent.
Consumer Price Index (CPI) Jan 2024 Read More »
The All-Groups CPI was 143.57 in the month of December 2023, compared with 144.92 in the month of November 2023.
The rate of inflation for December 2023 is the percentage change in the Consumer Price Index (CPI) over the twelve-month period, from December 2022 to December 2023.
The All-Groups CPI monthly change for December 2023 was a decrease of -0.93 percent.
Consumer Price Index (CPI) December 2023 Read More »
The All-Groups CPI was 144.92 in the month of November 2023, compared with 143.59 in the month of October 2023.
The rate of inflation for November 2023 is the percentage change in the Consumer Price Index (CPI) over the twelve-month period, from November 2022 to November 2023.
The All-Groups CPI monthly change for November 2023 was an increase of 0.92 percent.
Consumer Price Index (CPI) November 2023 Read More »
The All-Groups CPI was 143.59 in the month of October 2023, compared with 142.65 in the month of September 2023.
The rate of inflation for October 2023 is the percentage change in the Consumer Price Index (CPI) over the twelve-month period, from October 2022 to October 2023.
The All-Groups CPI monthly change for October 2023 was an increase of 0.67 percent.
Consumer Price Index (CPI) October 2023 Read More »
The All-Groups CPI was 142.65 in the month of September 2023, compared with 142.58 in the month of August 2023.
The rate of inflation for September 2023 is the percentage change in the Consumer Price Index (CPI) over the twelve-month period, from September 2022 to September 2023.
The All-Groups CPI increased to 5.44 percent over the twelve months to September 2023 compared to 5.82 percent over the twelve months to August 2023.
Consumer Price Index (CPI) September 2023 Read More »
The All-Groups CPI was 142.58 in the month of August 2023, compared with 144.89 in the month of July 2023.
The rate of inflation for August 2023 is the percentage change in the Consumer Price Index (CPI) over the twelve-month period, from August 2022 to August 2023.
The All-Groups CPI decreased to 5.82 percent over the twelve months to August 2023 compared to 5.98 percent over the twelve months to July 2023.
Consumer Price Index (CPI) August 2023 Read More »
Somalia has in place the Ninth National Development Plan (NDP-9), which envisages a five year (2020-2024) pathway towards economic emancipation and reduction of poverty in the country, hence serves as an Interim Poverty Reduction Strategy Paper (IPRSP) within the framework of the Highly Indebted Poor Country (HIPC) initiative. Satisfactory implementation of the poverty reduction strategy will trigger the completion point of debt relief for Somalia.
Quality data and statistics are key for monitoring and evaluating the NDP-9, sectoral plans, the attainment of Sustainable Development Goals (SDGs) and measure the progress towards the completion point of debt relief.
This Poverty Analysis Report relies on the SIHBS—2022 data, whose report the SNBS published and disseminated on February 20, 2023, to analyze and measure current poverty levels and inequalities within Somalia by presenting valuable insights into the dimensions and distribution of poverty across regions and demographic groups.
SOMALIA POVERTY REPORT2023 Read More »
The All-Groups CPI was 144.89 in the month of July 2023, compared with 143.72 in the month of June 2023.
The rate of inflation for July 2023 is the percentage change in the Consumer Price Index (CPI) over the twelve-month period, from July 2022 to July 2023.
The All-Groups CPI decreased to 5.98 percent over the twelve months to July 2023 compared to 6.64 percent over the twelve months to June 2023.
Consumer Price Index (CPI) July 2023 Read More »
The All-Groups CPI was 143.72 in the month of June 2023, compared with 143.73 in the month of May 2023.
The rate of inflation for Food and Non-Alcoholic Beverages and Housing, Water, Electricity, Gas are the most significant items in the consumer basket in terms of expenditure and have the largest weighted influence on the All Groups CPI.
Consumer Price Index (CPI) June 2023 Read More »
The All-Groups CPI was 143.73 in the month of May 2023, compared with 141.08 in the month of April 2023.
The rate of inflation for May 2023 is the percentage change in the Consumer Price Index (CPI) over the twelve-month period, from May 2022 to May 2023.
Consumer Price Index (CPI) May 2023 Read More »
