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Introduction
The Consumer Price Index (CPI) for the month of August 2005 stood
at 136.6.THe previous month (July 2005) CPI stood at 136.4. One year
earlier (August 2004) stood at 133.3.
Monthly Comparison
In a monthly comparison, there were some slight changes
within the subgroups. The first subgroup- Food, Beverage & Tobacco
subgroup went up by 0.58 percentage points due to the upward movement in
cost of Chicken (Legs), Whisky and Vegetable oils. Furniture & Household
Supplies subgroup, increased by 0.17 percentage points due to
increases in the cost of Liquid Bleaches and Disinfectants. The Clothing & Footwear subgroup
rose by 0.05 percentage points due to the increase in the cost of
Pampers. Miscellaneous subgroup went up by 0.24 percentage points due to
the upwards movement of Toilet Soap and Hair Preparations and the
Services subgroup had a decrease of 0.09 percentage points due to the
downward cost of Aspirin/Paracetamol. All the other subgroups- Housing
and Transportation remained unchanged.
Annual Comparison
In an annual comparison, changes were recorded in most
of the subgroups. The Furniture & Household Supplies and Miscellaneous
subgroups fell by 0.5, and 4.2 percentage points respectively. On the
other hand, the Food, Beverage & Tobacco subgroup
registered an increase of 4.3 percentage points, while the Housing
subgroup
increased by 7.2 percentage points. Clothing & Footwear
subgroup recorded an upward movement of 1.3 percentage points
and Services subgroup rose by 1.3 percentage points. Transportation subgroup
remained unchanged.
Rate of Inflation
The point-to-point monthly and annual
rates of inflation
stood at 0.17 and 2.5 percent respectively.
TABLE 1
CONSUMER PRICE INDEX: MONTHLY AND ANNUAL COMPARISONS
(MARCH 1995=100)
| SUBGROUPS |
Wt. |
July
2005 |
June
2005 |
Mon.
Comp. |
July
2004 |
Ann.
Comp. |
| Food, Beverage & Tobacco |
268 |
127.7 |
127.0 |
0.58 |
122.4 |
4.3 |
| Housing |
195 |
141.6 |
141.6 |
0.00 |
132.1 |
7.2 |
| Furniture & Household Supplies |
118 |
155.3 |
155.1 |
0.17 |
156.2 |
-0.5 |
| Clothing & Footwear |
151 |
117.0 |
116.9 |
0.05 |
115.4 |
1.3 |
| Transportation |
117 |
146.2 |
146.2 |
0.00 |
146.2 |
0.0 |
| Services |
99 |
151.5 |
151.6 |
-0.09 |
149.5 |
1.3 |
| Miscellaneous |
52 |
128.3 |
128.0 |
0.24 |
134.0 |
-4.2 |
| All Groups |
1000 |
136.6 |
136.4 |
0.17 |
133.3 |
2.5 |
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