CONSUMER PRICE INDEX

Year 2011

Highlights

The Consumer Price Index, which stood at 124.4 in December 2010, registered a net increase of 6.0 points (or 4.8%) to reach 130.4 in December 2011.

The main reasons for the net increase in the CPI during the year 2011 were:

• higher food prices mainly meat, fish, cooking oil, sugar, milk, margarine and ghee, soft drinks, vegetables, eggs and a variety of other food products;
• higher prices of cigarettes and alcoholic beverages;
• higher prices of ready-made clothing;
• higher prices of washing materials and softeners;
• higher clinic and doctors' fees
• higher prices of gasolene and diesel;
• higher bus and taxi fares;
• higher prices of air tickets;
• higher private tuition fees;
  partly offset by

• lower telephone charges;
• lower prices of pulses.

The headline inflation rate was 6.5% for year 2011 compared to 2.9% for year 2010.

The inflation rate excluding 'Alcoholic beverages and tobacco' was 5.3% for year 2011 compared to 2.9% for year 2010. 

 

January 2012