April 26, 2024
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    NCPI for September

    October 24, 2017

    Department of Census and Statistics said that the Year on Year inflation based on National Consumer Price Index (NCPI) has been compiled as 8.6% for September, 2017.

     

    The inflation reported for the month of August 2017 was 7.9%. The reported increase in September is mainly due to the comparatively lower price levels prevailed in September 2016, the department said.

     

    Contributions to the inflation from food group and non-food group in September 2017 are 6.1% and 2.6% respectively.

     

    However, when compared to month on month changes, NCPI in September 2017 has increased to 123.3 from 122.3 reported in August 2017. This shows an increase of 1.0 index points or 0.8percentage points.

     

    This month on month change was due to the increases of expenditure value of food items by 0.80 % and non-food items by 0.07% respectively.

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