{"id":1069,"date":"2023-06-22T12:56:18","date_gmt":"2023-06-22T10:56:18","guid":{"rendered":"https:\/\/sada.ly\/en\/2023\/06\/22\/cbl-publishes-a-report-on-consumer-price-index-and-inflation-of-april-2023\/"},"modified":"2023-06-22T12:56:18","modified_gmt":"2023-06-22T10:56:18","slug":"cbl-publishes-a-report-on-consumer-price-index-and-inflation-of-april-2023","status":"publish","type":"post","link":"https:\/\/sada.ly\/en\/cbl-publishes-a-report-on-consumer-price-index-and-inflation-of-april-2023\/","title":{"rendered":"CBL publishes a report on consumer price index and inflation of April 2023"},"content":{"rendered":"\n

Data released by the<\/u><\/strong> Bureau of Statistics and Census – Ministry of Planning<\/strong> indicate that the consumer price index increased by 6.6 points on an annual basis<\/strong> during April 2023 to record 295.0 points, compared to 288.4 points during the same month of 2022, which means that the inflation rate<\/strong> of reached (2.3%).<\/strong> Hence, on a monthly basis<\/u><\/strong>, the inflation rate increased by (0.2%)<\/strong> in April, compared with that of March 2023.<\/p>\n\n\n\n

Inflation ratesDuring (April 2022 \u2013 April 2023)<\/strong> (Base year 2008)<\/strong><\/p>\n\n\n\n

On an annual base (%)<\/strong><\/td>On<\/strong> a<\/strong> <\/strong>monthly <\/strong>base (%)<\/strong><\/strong><\/td>Months<\/strong><\/td><\/tr>
5.5<\/strong><\/td>0.3<\/strong><\/strong><\/td>April – 2022<\/strong><\/td><\/tr>
5.2<\/strong><\/td>-0.2<\/strong><\/strong><\/td>May – 2022<\/strong><\/td><\/tr>
5.0<\/strong><\/td>0.1<\/strong><\/strong><\/td>June – 2022<\/strong><\/td><\/tr>
4.3<\/strong><\/td>0.1<\/strong><\/strong><\/td>July – 2022<\/strong><\/td><\/tr>
4.3<\/strong><\/td>0.2<\/strong><\/strong><\/td>August – 2022<\/strong><\/td><\/tr>
4.3<\/strong><\/td>0.2<\/strong><\/strong><\/td>September – 2022<\/strong><\/td><\/tr>
4.1<\/strong><\/td>0.3<\/strong><\/strong><\/td>October – 2022<\/strong><\/td><\/tr>
2.9<\/strong><\/strong><\/td>0.3<\/strong><\/strong><\/td>November – 2022<\/strong><\/td><\/tr>
4.1<\/strong><\/strong><\/td>0.1<\/strong><\/strong><\/td>December – 2022<\/strong><\/strong><\/td><\/tr>
3.8<\/strong><\/strong><\/td>0.4<\/strong><\/strong><\/td>January – 2023<\/strong><\/td><\/tr>
3.1<\/strong><\/strong><\/td>0.2<\/strong><\/strong><\/td>February – 2023<\/strong><\/td><\/tr>
2.4<\/strong><\/strong><\/td>0.4<\/strong><\/strong><\/td>March – 2023<\/strong><\/td><\/tr>
2.3<\/strong><\/strong><\/td>0.2<\/strong><\/strong><\/td>April – 2023<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Analysis of Price Trends in Commodity Groups during April 2023<\/strong><\/p>\n\n\n\n

First: Analysis on an annual basis:<\/strong><\/p>\n\n\n\n

The inflation rate during April 2023 increased by 2.3%<\/strong> (on an annual basis) in all commodity groups, the most prominent of which were as follows:<\/p>\n\n\n\n

The prices of other goods and services increased by 3.4%.<\/strong><\/p>\n\n\n\n

The prices of food groups increased by 3.3%.<\/strong><\/p>\n\n\n\n

The prices of the transportation group increased by 3.0%.<\/strong><\/p>\n\n\n\n

The prices of clothing and shoes group increased by 2.9%.<\/strong><\/p>\n\n\n\n

The prices of health group increased by 2.5%<\/strong><\/p>\n\n\n\n

The prices of housing, water, electricity, gas, and other fuels increased by 2.2%.<\/strong><\/p>\n\n\n\n

Consumer Price Index and Inflation<\/strong> (On annual basis)<\/strong> (Base year 2008)<\/strong><\/p>\n\n\n\n

No.<\/strong><\/td>Main Groups<\/strong><\/td>Weights<\/strong><\/td>April  2022<\/strong><\/td>April<\/strong> 2023<\/strong><\/td>Inflation rate<\/strong>  (<\/strong>O<\/strong>n an annual basis)<\/strong><\/td><\/tr>
1<\/strong><\/strong><\/td>Food<\/strong><\/strong><\/td>38.8<\/td>323.5<\/td>336.3<\/td>3.9%<\/td><\/tr>
2<\/strong><\/td>Tobacco<\/strong><\/strong><\/td>0.7<\/td>264.1<\/td>265.5<\/td>0.5%<\/td><\/tr>
3<\/strong><\/td>Clothing and Footwear<\/strong><\/strong><\/td>6.4<\/td>428.9<\/td>443.0<\/td>3.3%<\/td><\/tr>
4<\/strong><\/td>Housing, Water, Electricity, Gas, and other Fuel<\/strong><\/strong><\/td>22.7<\/td>186.6<\/td>193.9<\/td>3.9%<\/td><\/tr>
5<\/strong><\/td>Furniture and Household Equipment<\/strong><\/strong><\/td>4.9<\/td>361.6<\/td>369.8<\/td>2.3%<\/td><\/tr>
6<\/strong><\/td>Health<\/strong><\/strong><\/td>4.1<\/td>345.0<\/td>354.4<\/td>2.7%<\/td><\/tr>
7<\/strong><\/td>Transportation <\/strong><\/strong><\/td>8.1<\/td>207.1<\/td>213.2<\/td>2.9%<\/td><\/tr>
8<\/strong><\/td>Communication <\/strong><\/strong><\/td>2.7<\/td>83.6<\/td>83.9<\/td>0.4%<\/td><\/tr>
9<\/strong><\/td>Entertainment and Culture<\/strong><\/strong><\/td>2.8<\/td>206.5<\/td>209.8<\/td>1.6%<\/td><\/tr>
10<\/strong><\/td>Education<\/strong><\/strong><\/td>4.0<\/td>380.1<\/td>381.2<\/td>0.3%<\/td><\/tr>
11<\/strong><\/td>Restaurant and Hotels <\/strong><\/strong><\/td>1.7<\/td>345.3<\/td>348.9<\/td>1.0%<\/td><\/tr>
12<\/strong><\/td>Miscellaneous Goods and Services<\/strong><\/strong><\/td>3.1<\/td>296.7<\/td>305.7<\/td>3.0%<\/td><\/tr>
<\/td>General Index<\/strong><\/strong><\/td>100.0<\/strong><\/strong><\/td>284.6<\/strong><\/strong><\/td>293.5<\/strong><\/strong><\/td>3.10%<\/strong><\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Second: Analysis on a monthly basis:<\/strong><\/p>\n\n\n\n

The inflation rate during April 2023 increased by 0.2%<\/strong> (on a monthly basis), which was due to the rise in some commodity groups, which were as follows:<\/p>\n\n\n\n

The prices of other goods and services increased by 0.8%.<\/strong><\/p>\n\n\n\n

The prices of clothes and shoes increased by 0.3%.<\/strong><\/p>\n\n\n\n

The prices of the furniture and household equipment group increased by 0.3%.<\/strong><\/p>\n\n\n\n

The prices of food groups increased by 0.2%.<\/strong><\/p>\n\n\n\n

The prices of the transportation group increased by 0.1%<\/strong><\/p>\n\n\n\n

The prices of entertainment and education increased by 0.1%.<\/strong><\/p>\n\n\n\n

Consumer Price Index and Inflation<\/strong> (On a monthly basis)<\/strong> (Base year 2008)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/strong><\/p>\n\n\n\n

No.<\/strong><\/td>Main Groups<\/strong><\/td>Weights<\/strong><\/td>April <\/strong>2023<\/strong><\/strong><\/td>March<\/strong> 2023<\/strong><\/td>Inflation rate<\/strong>  (<\/strong>O<\/strong>n a <\/strong>monthly <\/strong>basis)<\/strong><\/td><\/tr>
1<\/strong><\/strong><\/td>Food<\/strong><\/strong><\/td>38.8<\/td>338.7<\/td>338.0<\/td>0.2<\/strong><\/td><\/tr>
2<\/strong><\/td>Tobacco<\/strong><\/strong><\/td>0.7<\/td>265.5<\/td>265.5<\/td>0.0<\/strong><\/td><\/tr>
3<\/strong><\/td>Clothing and Footwear<\/strong><\/strong><\/td>6.4<\/td>446.4<\/td>444.9<\/td>0.3<\/strong><\/td><\/tr>
4<\/strong><\/td>Housing, Water, Electricity, Gas, and other Fuel<\/strong><\/strong><\/td>22.7<\/td>193.8<\/td>193.9<\/td>-0.1<\/strong><\/td><\/tr>
5<\/strong><\/td>Furniture and Household Equipment<\/strong><\/strong><\/td>4.9<\/td>371.5<\/td>370.3<\/td>0.3<\/strong><\/td><\/tr>
6<\/strong><\/td>Health<\/strong><\/strong><\/td>4.1<\/td>355.7<\/td>355.6<\/td>0.0<\/strong><\/td><\/tr>
7<\/strong><\/td>Transportation <\/strong><\/strong><\/td>8.1<\/td>214.4<\/td>214.1<\/td>0.1<\/strong><\/td><\/tr>
8<\/strong><\/td>Communication <\/strong><\/strong><\/td>2.7<\/td>83.9<\/td>83.9<\/td>0.0<\/strong><\/td><\/tr>
9<\/strong><\/td>Entertainment and Culture<\/strong><\/strong><\/td>2.8<\/td>210.7<\/td>210.5<\/td>0.1<\/strong><\/td><\/tr>
10<\/strong><\/td>Education<\/strong><\/strong><\/td>4.0<\/td>381.2<\/td>381.2<\/td>0.0<\/strong><\/td><\/tr>
11<\/strong><\/td>Restaurant and Hotels <\/strong><\/strong><\/td>1.7<\/td>348.9<\/td>348.9<\/td>0.0<\/strong><\/td><\/tr>
12<\/strong><\/td>Miscellaneous Goods and Services<\/strong><\/strong><\/td>3.1<\/td>308.8<\/td>306.4<\/td>0.8<\/strong><\/td><\/tr>
<\/td>General Index<\/strong><\/strong><\/td>100.0<\/strong><\/strong><\/td>294.5<\/strong><\/strong><\/td>295.0<\/strong><\/strong><\/td>0.2<\/strong><\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"

Data released by the Bureau of Statistics and Census – Ministry of Planning indicate that the consumer price index increased by 6.6 points on an annual basis during April 2023 to record 295.0 points, compared to 288.4 points during the same month of 2022, which means that the inflation rate of reached (2.3%). Hence, on […]<\/p>\n","protected":false},"author":1,"featured_media":1070,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[491],"class_list":["post-1069","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-central-bank-of-libyainflationlibyaprice-index"],"acf":[],"yoast_head":"\nCBL publishes a report on consumer price index and inflation of April 2023 - Sada Newspaper<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sada.ly\/en\/cbl-publishes-a-report-on-consumer-price-index-and-inflation-of-april-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBL publishes a report on consumer price index and inflation of April 2023 - Sada Newspaper\" \/>\n<meta property=\"og:description\" content=\"Data released by the Bureau of Statistics and Census – Ministry of Planning indicate that the consumer price index increased by 6.6 points on an annual basis during April 2023 to record 295.0 points, compared to 288.4 points during the same month of 2022, which means that the inflation rate of reached (2.3%). 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