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| What's New> Articles>Consumer Price Index December 05 Table 1 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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At the end of 2005, the Consumer Price Index CPI stood at 136.91 whereas the previous month November 2005 the index stood at 137.5. A quarter earlier September 2005 the index stood at 137.63 and a half-year earlier June 2005 the index CPI stood at 136.30.Regarding the same period a year earlier December 2004 the index stood at 133.71. Monthly Comparison On a monthly comparison, there were changes in all the subgroups. The subgroups that showed increases were Food , Beverage & Tobacco which increased by 0.03 percentage points as a result of higher prices of Cheese, Rice, Tomatoes and Ham and Cheese sandwiches. Clothing and Footwear subgroup increased by 0.94 percentage points due to the higher prices of ladies Dresses. Services subgroup increased by 0.46 percentage points due to an increase in the prices of pens. On the other hand the subgroups which showed decreases were Housing which decreased by 2.06 percentage points due to a reduction in the price of Paints. Furniture & Household Supplies decreased by 1.09 percentage points due to the reduced cost of Insecticides and Gas Ranges. Miscellaneous subgroup decreased by 0.11 percentage points due to the reduced cost in the price of toilet soap and the Transportation subgroup which decreased by 0.58 percentage points due to the reduced cost in gasoline. Quarterly Comparison On a quarterly comparison, there were decreases in all the subgroups except for (2) two subgroups which were Clothing and Footwear which went up by 0.76 percentage points and Services which also went up by 0.41 percentage points. The Subgroup which showed decreases were Food, Beverage & Tobacco which went down by 0.12 percentage points, Housing which went down by 2.06 percentage points, Furniture & Household Supplies which went down by 0.90 percentage points, Transportation which went down by 0.74 percentage points and Miscellaneous which went down by 0.27 percentage points. Half-Yearly Comparison The half-yearly comparison between June and December of 2005 indices reflected the following changes in the subgroups. Food , Beverage & Tobacco rose by 1.78 percent points, Clothing and Footwear rose by 1.40 percentage points, Transportation rose by 2.27 percentage points, Services rose by 0.30 percentage points while Furniture & Household Supplies dropped by 1.48 percentage points Annual Comparison On an annual comparison, the subgroups reflected the following significant changes; Food, Beverage & Tobacco increased by 3.66 percentage points. Housing subgroup increased by 5.04 percentage points, Clothing and Footwear subgroup increased by 1.91 percentage points, Transportation subgroup indicated an increase of 2.25 percentage points , Services subgroup increased by 1.67 percentage points while the Miscellaneous subgroups move up to 0.79 percentage points. Furniture & Household Supplies subgroup decreased by 1.84 percentage points. Rate of Inflation The point-to-point monthly, quarterly, half yearly and annual rate of inflation stood at -0.46, -0.53, 0.45 and 2.39 percent respectively. TABLE 1
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