Monthly Bulletin for CPI 2023

Monthly Bulletin for Consumer Price Index and Inflation in Syria Issue (11) – November 2023

Syrian Center for Policy Research:

The bulletin provides an independent assessment of consumer prices and the rate of inflation in all Syrian regions, based on a monthly survey of consumer prices carried out by the Syrian Center for Policy Research (SCPR) since October 2020. The SCPR had developed a methodology for building a price index based on components of consumer basket, weighting, and market selection (See SCPR’s Consumer Price Index in Syria)

This bulletin presents the findings of the monthly consumer price survey and the changes in the Consumer Price Index (CPI) for November 2023 (with 2021 as the base year) broken down by region and the major consumption groups. Based on the CPI changes, the bulletin provides an estimate of the cost of living and poverty lines at the local level in all Syrian regions.

The following results are highlighted:

  • In November 2023, the general CPI achieved annual inflation (Y-o-Y) of 144.6 per cent and monthly inflation (M-o-M) of 2.6 per cent.
  • In November 2023, the governorate of Tartous and Damascus marked the highest monthly inflation rate, at 4.8 and 4.6 per cent for each. The governorate of Lattakia recorded the lowest monthly inflation rate in November 2023, at 0.8 per cent.
  • In November 2023, the Housing, water, electricity, gas, and other fuel oils group contributed significantly to the monthly inflation (M-o-M) with 2.5 per cent, making up 24 per cent of the total, followed by the Food and non-alcoholic beverages group with a contribution of 18.5 per cent, trailed by the Education group at 10.2 per cent, trailed by the Clothes and Shoes group at 16.6 per cent.
  • The inflation that occurred in November 2023 led to a decrease in the real wages of workers in the public sector in GoS areas by 2.4 per cent compared to the previous month of October, for employees in SIG and SSG departments by 1 per cent, and for employees in AA departments by 3.2 per cent.
  • In November 2023, the abject poverty line for families, serving as an indicator of food insecurity, rose to SYP 2.19 million per month, marking an increase of SYP 35 thousand from October 2023. The lower poverty line increased by SYP 55 thousand from the previous month to reach 3.45 million, while the upper poverty line saw an SYP 76 thousand increase, reaching 4.76 million.
  • In November 2023, the wage gap from the upper poverty line reached 89.1 per cent for university-educated employees in the public sector, 60 per cent for private sector workers, and 58..2 per cent for civil society workers. In all three instances.

To read the bulletin in English:
Monthly Bulletin – Issue (11), 2023 (En)

To read the bulletin in Arabic:
Monthly Bulletin – Issue (11), 2023 (Ar)

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