The consumer price index in the country increased by 4.01 percent last March on an annual basis, compared to the same month of the year 2022, to reach 105.55 points, while it decreased on a monthly basis by 0.20 percent compared to the previous month (February 2023).
This index, which measures inflation, includes 12 main groups of consumer goods under which 737 goods and services fall, and is calculated on the base year of 2018 according to the results calculated from the data of the Household Income Expenditure Survey 2017-2018.
The annual increase in the index is due to the increase in the prices of eight groups, which are the entertainment and culture group by 13.63 percent, followed by the housing, water, electricity, gas and other fuels group by 8.65 percent, the clothing and shoes group by 4.90 percent, the education group by 2.61 percent, and the transportation group by 2.50 percent. , the restaurants and hotels group by 2.25 percent, the health group by 1.62 percent, and the food and beverage group by 1.06 percent.
As for the decreases, they occurred in the other goods and services group by 0.34 percent, followed by the communications group by 4.84 percent, and the furniture and home appliances group by 0.30 percent, while there was no change in the tobacco group.
With regard to the monthly change of the index compared to February 2023, the data reported an increase in five groups, most notably the clothing and footwear group by 1.56 percent, followed by the entertainment and culture group by 1.44 percent, the housing, water, electricity, gas and other fuels group by 1.09 percent, and the goods and services group. Others by 0.75 percent, and the transport group by 0.53 percent.
On the other hand, there was a decrease in the restaurants and hotels group by 1.90 percent, followed by the education group by 1.58 percent, the food and beverage group by 1.08 percent, and the furniture and home appliances group by 0.22 percent, while there was no change in the tobacco, health and communications groups.
And when calculating the consumer price index for the month of March 2023, after excluding the group of housing, water, electricity, gas and other fuels, it reached the point 107.42, recording a more stable decrease of 0.02 percent compared to the previous month (February 2023), and an increase of 2.93 percent compared to the corresponding month. him in 2022.
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