Consumer Price Index(CPI) for the month of January 2021 increased by 8.97% from January 2020. Month-on-month CPI increased by 1.46% from December 2020.
The year-on-year CPI for the month of January 2021 increased by 8.97 percent compared to the same month of previous year. The rate is 1.25 percentage point higher than the rate recorded in previous month of December which was 7.72 percent. The price of vegetables, meat, dairy products and alcoholic beverages contributes majorly to the rise. Non-food prices went up by 0.8 percent from December and up by 2.67 percent compared to January of last year. Month-on-month CPI increased by 1.46 percent from December due to increase in vegetables and alcoholic beverages.