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Introduction
The Consumer Price Index (CPI) for the month of
November 2006 stood at 140.42. There was a slight decrease from the previous month (
October 2006) which stood at 140.60. One year earlier
( November 2005), the index stood at 137.5.
Monthly Comparison
In a monthly comparison, there were decreases in the following
subgroups. The Food, Beverage & Tobacco decreased by -0.40
percentage points due mainly to the fall in the cost of Tea (bags)
Mayonnaise and Whisky; Clothing & Footwear
subgroup decreased by -0.01 percentage points due to the decline in the
cost of pampers; Miscellaneous subgroup decreased by -0.65 percentage
points due to the drop in the cost of Toothpaste. On the other hand the
subgroups that showed increases were Furniture & Household
Supplies subgroup increased by 0.03 percentage points due to the rise in
the cost of Liquid Bleaches, Disinfectants and Insecticides, and
the Services subgroup increased by 0.02 percentage points due to upward
movement in the cost of cough syrups/ rubs and pens. The subgroup which
remained unchanged were Housing and Transportation subgroups.
Annual Comparison
In an annual comparison, there were changes in the
following subgroup. The Food, Beverage & Tobacco subgroup increased by
3.45 percentage points, Furniture & Household Supplies subgroup
registered an increase by 0.93 percentage points, Clothing & Footwear
increased by 2.54 percentage points; Services
subgroup increased 11.17 percentage points and Miscellaneous subgroup increased by
1.59
percentage points. The subgroups which showed decreases were Housing
subgroup which decreased by -2.02 and Transportation subgroup which
decreased by -0.85 percentage points.
Rate of Inflation
The point-to-point monthly and annual
rates of inflation
stood at -0.13 and 2.10 percentage points respectively.
TABLE 1
CONSUMER PRICE INDEX: MONTHLY AND ANNUAL COMPARISONS
(MARCH 1995=100)
| SUBGROUPS |
Wt. |
Nov.
2006 |
Oct.
2005 |
Mon.
Comp. |
Nov.
2005 |
Ann.
Comp. |
| Food, Beverage & Tobacco |
268 |
132.91 |
133.45 |
-0.40 |
128.5 |
3.45 |
| Housing |
195 |
138.77 |
138.77 |
0.00 |
141.6 |
-2.02 |
| Furniture & Household Supplies |
118 |
155.90 |
155.85 |
0.03 |
154.5 |
0.93 |
| Clothing & Footwear |
151 |
120.39 |
120.40 |
-0.01 |
117.4 |
2.54 |
| Transportation |
117 |
149.10 |
149.10 |
0.00 |
150.4 |
-0.85 |
| Services |
99 |
168.23 |
168.18 |
0.02 |
151.3 |
11.17 |
| Miscellaneous |
52 |
135.90 |
136.79 |
-0.65 |
133.8 |
1.59 |
| All Groups |
1000 |
140.42 |
140.60 |
-0.13 |
137.5 |
2.10 |
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