Inflation up 1.35pct in 2021


[12-01-2022 03:46 PM]

Ammon News - The Consumer Price Index (PCI), a measure of inflation, inched up by 1.35 percent in 2021, reaching 102.46 points, compared to 101.1 points in the same period of 2020, according to a statement released Wednesday by the Department of Statistics (DoS).

In its monthly report, the DoS said that the PCI went up by 2.40 percent in December of 2021, reaching 103.54 points compared to 101.11 points during the same month of 2020.

Comparing the figures in November to December, the DoS reported that the PCI slightly picked up by 0.47 percent in December, reaching 103.54 points compared to 103.06 points in November of the same year.

The basic CPI for December, measured by excluding the most price-volatile commodities and services, including foodstuffs, fuel and lighting, and transportation, stood at 69.41points up by 0.47 percent from 69.09 points recorded for the same month of 2020, according to the data.

On a cumulative level, the basic CPI for December of 2021 stood at 69.06, compared with 68.47 for the same month of 2020, indicating an increase of 0.87 percent.




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