Press Release Central Statistical Office
Republic of Zambia
P.O. Box 31908, Lusaka
For immediate Release Thursday, August 26, 2010 Information Enquiries
Tel: +260-1-253468 Tel/Fax: +260-1-253468/253609 E-mail:
[email protected] Website: www.zamstats.gov.zm
Consumer Price Index (CPI) – August, 2010 The annual rate of inflation, as measured by the all items Consumer Price Index (CPI), slightly reduced to 8.2 percent in August, 2010 from 8.4 percent in July, 2010. The decrease is largely attributed to declines in some food prices. Annual Inflation Rate August 2009- August 2010
(Percentage)
20 15 10 5 0 Aug
Sept
Oct
Nov
Dec
Jan
Feb Composite
1
Mar
Apr
May
Jun
Jul
Aug
Contributions of the different Items to overall Inflation Of the total 8.2 percent annual inflation in August 2010, food products in the Consumer Price Index (CPI), accounted for 1.4 percentage points, while non-food products accounted for 6.8 percentage points. Percentage Points Contributions of different Items to overall inflation
Item Food, Beverages and Tobacco Clothing and Footwear Rent and household energy Furniture and Household Goods Medical Care Transport (fuel, air fares, new motor vehicles) Recreation and Education Other Goods and Services All Items
July
August
2.0
1.4
1.1
1.1
1.9
1.9
1.3
1.8
0.1
0.1
1.0
1.0
0.6
0.4
0.4
0.5
8.4
8.2
The annual food inflation rate The annual food inflation rate was recorded at 2.9 percent in August 2010. This is a decrease from 4.1 percent in July, 2010. Non-food inflation The annual non-food inflation was recorded at 13.4 percent in August 2010. This is an increase from 12.6 percent in July 2010. Regarding disaggregated groups, the annual inflation rate increased for clothing and footwear; household fuel and lighting; furniture and household goods; medical care; and other goods and services. The annual inflation rates reduced for beverages and tobacco; transport and communication; and recreation and education. Retail prices of selected food products A comparison of retail prices between July 2010 and August 2010 shows that the national average price of 25 kg bag of white roller meal reduced by 7.1 percent, from K37,809 to K35,137. The average price of white breakfast meal also reduced by 2.7 percent, from K59,306 to K57,690. However, the national average price of a 20 litre tin of maize grain increased by 2.5 percent, from K18,567 to K19,031. The national average price of 1kg of tomatoes reduced by 11.3 percent, from K3,607 to K3,201. The national average price of 1kg of dried kapenta (Siavonga) also reduced by 2.1 percent, from K53,748 to K52,621.
2
TABLE 1: Index Numbers of Consumer Prices by Food and Non-Food Items
(1994 WEIGHTS) Period
Weight 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2006 January February March April May June July August September October November December 2007 January February March April May June July August September October November December 2008 January February March April May June July August September October November December 2009 January February March April May June July August September October November December 2010 January February March April May June July August
Total
Food
1000 4.3 8.6 22.8 64.7 100.0 134.9 193.0 240.2 298.9 379.0 477.7 579.9 1272.3 1270.0 1279.6 1281.6 1286.8 1296.8 1300.2 1311.1 1332.6 1341.8 1362.2 1378.1 1397.5 1430.1 1441.9 1441.0 1438.0 1441.0 1445.8 1450.9 1457.1 1462.0 1481.2 1501.2 1527.9 1566.4 1582.7 1587.2 1594.1 1615.3 1628.7 1643.0 1664.2 1684.1 1708.3 1749.8 1773.0 1785.0 1789.9 1813.7 1828.0 1847.9 1856.5 1877.4 1879.9 1890.8 1905.1 1923.5 1942.4 1959.3 1972.2 1981.0 1994.2 1992.4 2013.1 2031.5
571 4.0 7.7 23.2 66.2 100.0 135.2 192.7 234.0 291.5 357.3 438.0 520.7 1194.5 1182.2 1189.3 1176.7 1159.7 1160.8 1147.9 1131.1 1152.7 1160.7 1182.4 1198.1 1206.8 1231.4 1247.2 1241.2 1225.4 1216.5 1224.4 1220.6 1223.9 1226.2 1243.8 1268.6 1290.1 1342.9 1360.5 1362.4 1368.2 1406.8 1397.9 1419.2 1422.1 1441.4 1473.7 1528.5 1565.2 1562.0 1549.9 1579.2 1588.6 1604.6 1606.6 1626.9 1619.3 1618.5 1637.5 1651.3 1676.7 1689.7 1694.5 1694.0 1691.8 1665.2 1673.0 1673.7
3
1994 = 100 Non-Food
429 4.8 9.8 22.4 62.7 100.0 134.5 193.4 248.3 308.7 407.7 530.2 658.4 1375.7 1386.5 1399.3 1420.7 1455.3 1477.2 1504.2 1549.9 1571.3 1582.0 1600.7 1616.9 1650.5 1693.6 1700.1 1706.0 1720.0 1738.9 1739.5 1756.5 1766.5 1774.9 1796.2 1809.8 1843.4 1863.0 1877.4 1885.4 1893.8 1892.0 1934.8 1940.0 1985.6 2006.3 2019.7 2043.4 2048.8 2081.1 2108.5 2125.0 2145.8 2171.0 2188.1 2210.1 2226.1 2252.4 2260.5 2285.0 2294.7 2317.2 2341.0 2362.0 2395.7 2427.0 2464.7 2506.8
TABLE 2: MONTH ON MONTH INFLATION RATES Period Jan 05 – Dec Feb 05 – Jan Mar 05 – Feb Apr 05 – Mar May 05 – Apr Jun 05 – May Jul 05 – Jun Aug 05 – Jul Sep 05 – Aug Oct 05 - Sep Nov 05 – Oct Dec 05 – Nov Jan 06 – Dec Feb 06 – Jan Mar 06 – Feb Apr 06 – Mar May 06 – Apr Jun 06 – May Jul 06 – Jun Aug 06 – Jul Sep 06 – Aug Oct 06 – Sep Nov 06 – Oct Dec 06 – Nov Jan 07 – Dec Feb 07 – Jan Mar 07 – Feb Apr 07 – Mar May 07 – Apr Jun 07 – May Jul 07 – Jun Aug 07 – Jul Sep 07 – Aug Oct 07 – Sep Nov 07 – Oct Dec 07 – Nov Jan 08 – Dec Feb 08 – Jan Mar 08 – Feb Apr 08 – Mar May 08 – Apr Jun 08 – May Jul 08 – Jun Aug 08 – Jul Sep 08 – Aug Oct 08 – Sep Nov 08 – Oct Dec 08 – Nov Jan 09 – Dec Feb 09 – Jan Mar 09 – Feb Apr 09 – Mar May 09 – Apr Jun 09 – May Jul 09 – Jun Aug 09 – Jul Sep 09 – Aug Oct 09 – Sep Nov 09 – Oct Dec 08 – Nov Jan 10 – Dec Feb 10 – Jan Mar 10 – Feb Apr 10 – Mar May 10 – Apr Jun 10 – May Jul 10 – Jun Aug 10 – Jul
04 05 05 05 05 05 05 05 05 05 05 05 05 06 06 06 06 06 06 06 06 06 06 06 06 07 07 07 07 07 07 07 07 07 07 07 07 08 08 08 08 08 08 08 08 08 08 08 08 09 09 09 09 09 09 09 09 09 09 08 09 10 10 10 10 10 10 10
Total 3.2 1.5 0.4 1.3 1.1 0.8 0.2 1.5 1.4 1.1 1.3 1.0 -0.1 -0.2 0.8 0.2 0.4 0.8 0.3 0.8 1.6 0.7 1.5 1.2 1.4 2.3 0.8 -0.1 -0.2 0.2 0.3 0.4 0.4 0.3 1.3 1.3 1.8 2.5 1.0 0.3 0.4 1.3 0.8 0.9 1.3 1.2 1.4 2.4 1.3 0.7 0.3 1.3 0.8 1.1 0.5 1.1 0.1 0.6 0.8 1.0 1.0 0.9 0.7 0.4 0.7 -0.1 1.0 0.9
Food 3.7 1.2 0.0 1.4 1.1 0.3 -0.1 2.3 0.9 1.1 2.1 2.4 -0.5 -1.0 0.6 -1.1 -1.4 0.1 -1.1 -1.5 1.9 0.7 1.9 1.3 0.7 2.0 1.3 -0.5 -1.3 -0.7 0.6 -0.3 0.3 0.2 1.4 2.0 1.7 4.1 1.3 0.1 0.4 2.8 -0.6 1.5 0.2 1.4 2.2 3.7 2.4 -0.2 -0.8 1.9 0.6 1.0 0.1 1.3 -0.5 0.0 1.2 0.8 1.5 0.8 0.3 0.0 -0.1 -1.6 0.5 0.0
4
Non-Food 2.7 1.9 0.9 1.3 1.2 1.4 0.5 0.6 1.9 1.0 0.5 -0.6 0.5 0.8 0.9 0.5 2.4 1.5 1.8 3.0 1.4 0.7 1.2 1.0 2.1 2.6 0.4 0.4 0.8 1.1 0.0 1.0 0.6 0.5 1.2 0.8 1.9 1.1 0.8. 0.4 0.5 -0.1 2.3 0.3 2.3 1.5 0.7 1.2 0.3 1.6 1.3 0.8 1.0 1.2 0.8 1.0 0.7 1.2 0.4 1.1 0.4 1.0 1.0 0.9 1.4 1.3 1.6 1.7
Pecent
TABLE 3: TWELVE-MONTH INFLATION RATES Period Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
05 05 05 05 05 05 05 05 05 05 05 05 06 06 06 06 06 06 06 06 06 06 06 06 07 07 07 07 07 07 07 07 07 07 07 07 08 08 08 08 08 08 08 08 08 08 08 08 09 09 09 09 09 09 09 09 09 09 09 09 10 10 10 10 10 10 10 10
– – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr Apr Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
04 04 04 04 04 04 04 04 04 04 04 04 05 05 05 05 05 05 05 05 05 05 05 05 06 06 06 o6 06 06 06 06 06 06 06 06 07 07 07 07 07 07 07 07 07 07 07 07 08 08 08 08 08 08 08 08 08 08 08 08 09 09 09 09 09 09 09 09
Total
Food
Non-Food
18.2 18.7 17.4 18.6 19.1 19.2 18.7 19.3 19.5 18.3 17.2 15.9 12.2 10.3 10.7 9.4 8.6 8.5 8.7 8.0 8.2 7.9 8.1 8.2 9.8 12.6 12.7 12.4 11.8 11.1 11.2 10.7 9.3 9.0 8.7 8.9 9.3 9.5 9.8 10.1 10.9 12.1 12.6 13.2 14.2 15.2 15.3 16.6 16.0 14.0 13.1 14.3 14.7 14.4 14.0 14.3 13.0 12.3 11.5 9.9 9.6 9.8 10.2 9.2 9.1 7.8 8.4 8.2
17.9 18.3 16.0 18.0 19.1 19.3 18.7 20.4 20.7 18.8 18.3 17.5 12.8 10.2 10.9 8.3 5.6 5.3 4.3 0.4 1.5 1.0 0.8 -0.2 1.0 4.2 4.9 5.5 5.7 4.8 6.7 7.9 6.2 5.6 5.2 5.9 6.9 9.1 9.1 9.8 11.7 15.6 14.2 16.3 16.2 17.6 18.5 20.5 21.3 16.3 13.9 15.9 16.1 14.1 14.9 14.6 13.9 12.3 11.1 8.0 7.1 8.2 9.3 7.3 6.5 3.8 4.1 2.9
18.7 19.1 19.0 19.3 19.2 19.2 18.7 18.2 18.2 17.8 16.1 14.0 11.5 10.3 10.4 10.6 12.0 12.1 13.6 16.4 15.7 15.4 16.2 18.1 20.0 22.1 21.5 20.1 18.2 17.7 15.6 13.3 12.4 12.2 12.2 11.9 11.7 10.0 10.4 10.5 10.1 8.8 11.2 10.4 12.4 13.0 12.4 12.9 11.1 11.7 12.3 12.7 13.3 14.7 13.1 13.9 12.1 12.3 11.9 11.8 12.0 11.3 11.0 11.2 11.6 11.8 12.6 13.4
5
Percent
These Consumer Price Indices cover three series, namely: ·
The Metropolitan Low Income Group; which covers Low Income households in the urban areas
·
The Metropolitan High Income Group; which covers High Income households in the urban areas
·
The Non-Metropolitan Group; covering households in rural areas.
The Metropolitan areas comprise the 10 major towns. These include Livingstone, Lusaka urban, Kabwe urban and all the Copperbelt towns. The Metropolitan areas are further classified into Low and High Income households. All the small towns and the rural parts form the NonMetropolitan. In addition, a Composite Consumer Price Index series combining the three groups is also compiled. The base period for the Consumer Price Index is 1994.
John Kalumbi ACTING DIRECTOR - CENTRAL STATISTICAL OFFICE
6