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Introduction
The Consumer Price Index (CPI) for the month of October 2005 stood at
138.1. The previous month (September 2005) CPI stood
at 137.6. One year earlier (October 2004) stood at 133.4.
Monthly Comparison
In a monthly comparison, there were some changes within
the subgroups. The subgroups which showed increases were - Furniture & Household
Supplies which went up by 0.20 percentage points due to the increase in
the price of Detergents (Soap Powder),
Transportation increased by 3.41 percentage points due to an increase in
the price of gasoline. The Subgroups which showed decreases were Food, Beverage &
Tobacco which went down by 0.42 percentage points due to the fall in the
price of Sodas, Chicken (legs), Potatoes (White), Sugar and V-8 Juices; Clothing and Footwear subgroup
decreased by 0.11 percentage points due to the reduction in the price of
Pampers; Miscellaneous decreased by 0.17 percentage points due to the decrease
in the price of Lotions and Services subgroup went down by 0.17
percentage points due to the decrease in the price of Pens, while the
Housing subgroup remained unchanged.
Annual Comparison
In an annual comparison, changes were recorded in the
most of the subgroups. The Furniture & Household Supplies
subgroup fell by 0.4 percentage points. On the other hand, the Food, Beverage & Tobacco subgroup
registered an increase of 4.2 percentage points, the Housing subgroup increased
by 7.2, Clothing &
Footwear subgroup rose by 1.1,
Transportation subgroup went up by 6.5 and Services subgroup increased
by 1.1percentage points. The Miscellaneous subgroup remained unchanged.
Rate of Inflation
The monthly and annual
rates of inflation
stood at 0.32 and 3.5 percent respectively.
TABLE 1
CONSUMER PRICE INDEX: MONTHLY AND ANNUAL COMPARISONS
(MARCH 1995=100)
| SUBGROUPS |
Wt. |
Oct.
2005 |
Sept.
2005 |
Mon.
Comp. |
Oct.
2004 |
Ann.
Comp. |
| Food, Beverage & Tobacco |
268 |
128.1 |
128.7 |
-0.42 |
123.0 |
4.2 |
| Housing |
195 |
141.6 |
141.6 |
0.00 |
132.1 |
7.2 |
| Furniture & Household Supplies |
118 |
154.5 |
154.2 |
0.20 |
155.0 |
-0.4 |
| Clothing & Footwear |
151 |
117.5 |
117.6 |
-0.11 |
116.2 |
1.1 |
| Transportation |
117 |
155.7 |
150.6 |
3.41 |
146.2 |
6.5 |
| Services |
99 |
151.1 |
151.4 |
-0.17 |
149.5 |
1.1 |
| Miscellaneous |
52 |
133.8 |
134.0 |
-0.17 |
133.8 |
0.0 |
| All Groups |
1000 |
138.1 |
137.6 |
0.32 |
133.4 |
3.5 |
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