Country’s CPI increases by 0.7 % in September
The National Consumer Price Index (CPI) rose 0.7 percent to 107.3 in September 2021, the latest CPI report shows.
Releasing the bulletin this week, National Statistician Douglas Kimi said through the year, compared to the same month in 2020, the National CPI rose 1.8 percent.
Mr Kimi said the most significant changes by major expenditure groups from the previous month include:
- Food and Non-Alcoholic Beverages: (-0.2%),
- Alcoholic beverages, tobacco and narcotics: (+2.8),
- Clothing & Footwear: (-0.1%)
- Housing, water, electricity, gas and other fuels: (+1.2%),
- Furnishings, household equipment and routine household maintenance: (-0.1%),
- Transport: (+0.5%),
- Miscellaneous goods & services: (+0.1%)
“The Solomon Islands inflation rate for the month of September 2021 calculated on a 3-months moving average basis was +1.2%,” said Mr Kimi.
“The corresponding inflation rates for imported items was stable (0.0%) overall, while other (domestic) items inflation rate was +1.6%.”
The National Statistician said the Solomon Islands underlying rates of inflation based on a 3-months moving average was observed between -1.2% and 0.1% for September 2021.
-SINSO press