Consumer
Price Index
1st Quarter 2009
The Consumer Price Index, which stood at 115.5 in December 2008, registered
a net increase of 0.6 point (or 0.5%) to reach 116.1 in March 2009
2. The main causes for the net increase were:
- higher
prices of vegetables and sugar;
- lower prices of milk, bread, flour and cooking oil; and
- lower prices of diesel oil.
3. The inflation rate for calendar year 2008 was 9.7% while that for financial year 2007/08 was 8.8%.
4. Based
on price movements observed for the past months and forthcoming price
trends, the inflation rate for financial year 2008/09 is forecasted at
around 7.0%.
April 2009
Introduction
Table 3 : Monthly sub-indices by division of consumption expenditure, December 2008 - March 2009
Table 4 - Monthly CPI by division and group of consumption expenditure, March 2008- March 2009
Table 5- Inflation rate (%), 1974 - 2009
Annex
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