23.FEB.07
DECEMBER 2006
The Consumer Price Index for the month of December, registered a 0.5 percent decline over the month of November, 2006. The âAll Itemsâ index stood at 114.3 compared with 113.7 for the previous month. The âpoint-to-pointâ inflation rate was recorded at 4.8 percent. Seven (7) of the eleven (11) groups, namely; âFoodâ, âAlcoholic Beverages and Tobaccoâ, âHousingâ, âHousehold Furniture and Suppliesâ, âEducationâ, âPersonal Servicesâ and âMiscellaneousâ recorded increases during the month. The group âFuel and Lightâ was the sole group to witness a decrease. The remaining groups âClothing and Footwearâ, âMedical Care and Expensesâ and âTransport and Communicationâ remained unchanged. {{more}} The âFoodâ index grew by 0.9 percent due to higher prices for the following items; pumpkins (34.3 percent), lentil peas (33.5 percent), breadfruit (20.0 percent), eggplant (18.6 percent), yams (11.5 percent), eddoes (6.0 percent) and codfish (3.9 percent). The 0.2 percent increase in the âHousingâ index was due to higher prices for emulsion paint (5.5 percent) and cement (2.5 percent). âPersonal Servicesâ index also grew by 1.2 percent due to an increase in the price for toothpaste (2.7 percent). Similarly, the group âMiscellaneousâ rose by 1.7 percent due to an increase in the price for meals taken away from home (10.4 percent). Meanwhile, the group âFuel and Lightâ declined by 2.1 percent as the cost of electricity fell by (5.3 percent ) due to a lower fuel surcharge for the month of December, 2006.
News
February 23, 2007
Consumer Price Index