The National Bureau of Statistics (NBS) has stated in its report released on Tuesday that the consumer price index increased by 12.13 per cent (year-on-year) in January 2020.
This is 0.15 percent points higher than 11.9 percent rate recorded in December 2019.
The agency said the increase was recorded in all classification of individual consumption by purpose, COICOP divisions that yielded the headline index.
On month-on-month basis, the Headline index increased by 0.87 percent in January 2020, that is, 0.02 percent rate higher than the rate recorded in December 2019 (0.85) per cent.
The percentage change in the average composite CPI for the twelve months period ending January 2020 over the average of the CPI for the previous twelve months period was 11.46 percent, showing 0.06 per cent point from 11.40 percent recorded in December 2019.
On a month-on-month basis, the urban index rose by 0.92 percent in January 2020, up by 0.02 from 0.90 percent recorded in December 2019, while the rural index also rose by 0.83 per cent in January 2020, up by 0.01 from the rate recorded in December 2019 (0.82)
The corresponding twelve-month year-on-year average percentage change for the urban index is 11.92 per cent in January 2020.
This was higher than 11.83 percent reported in December 2019, while the corresponding rural inflation rate in January 2020 is 11.04 percent compared to 11.00 percent recorded in December 2019.
