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LATEST NEWS AND STATISTICS »
»  NEWSLETTER LIBERIA CONSUMER PRICE INDEX (LCPI) MAY, 2021

The Year-on-Year Inflation Rate as measured by the CPI was 8.16 Percent. This rate of inflation for May 2021, is the percentage change in the Consumer Price Index (CPI) over the twelve months, from May 2020 to May 2021. The month recorded 10.20 percentage points drop from May 2020 to May 2021 (18.36 to 8.16 percent, respectively). The  Month-on-Month Change for May 2020 was 0.86 percent. Meanwhile, the Year-on-Year Inflation rate for April 2021 was 9.41 percent. All items within the CPI Basket are grouped according to the  Classification of Individual Consumption by Purpose (COICOP), an international hierarchical classificatory scheme developed by the United Nations Statistics Division to classify and analyze individual consumption expenditures incurred by households. The 12 functions are being used for Liberia’s CPI Compilation


Document to download
Liberia_CPI_Newsletter_May2021.pdf - 324kb
 
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