Harmonised Index of Consumer Prices down 2.2%
- Harmonised Index of Consumer Prices down by 0.2%
- Average rate of inflation 4.3% in June
- Consumer price index rises 0.8% to 107.33
- Consumer Price Index went down by 0.1% in July
- Harmonised Index of Consumer Prices down by 2.6% in November
- Retail Price Index edges down by 0.43% in June
- Harmonised Index of Consumer Prices down 0.5%
- Retail Price Index remained at 118.65 in May
- Retail Price Index down by 0.01% in August
- Consumer Price Index rises from 111.47 to 112.09
- Harmonised Index of Consumer Prices rises by 0.4 per cent
- Harmonised Index of Consumer Prices down by 0.2% in December
- Annual rate of inflation rises to 5 per cent
- Annual inflation rate at 4.9% in November
- Retail Price Index increases to 119.12 from 118.97
In January 2009, the Harmonised Index of Consumer Prices went down by 2.2 per cent over the previous month, down from 108.85 to 106.46. This was primarily reflected in a decrease of 19.5 per cent in the Clothing and Footwear Index, mainly due to seasonal price reductions.
Lower fuel prices caused the Transport Index to go down by 4.0 per cent.
A downturn of 2.3 per cent was registered in the Restaurants and Hotels Index, mainly due to price decreases in accommodation services.
A decrease of 0.7 per cent was recorded in the Recreation and Culture Index, mainly due to lower prices of package holidays.
Downward movements in the price of fish underlay a decrease of 0.2 per cent in the Food and Non-Alcoholic Beverages Index.
The Alcoholic Beverages and Tobacco Index shifted down by 0.1 per cent, mainly on account of price decreases in alcoholic drinks.
The Health Index registered an increase of 0.6 per cent, mainly on account of higher-priced medical and paramedical services.
Price rises in personal care products caused the Miscellaneous Goods and Services Index to go up by 0.3 per cent.
The Housing, Water, Electricity, Gas and Other Fuels Index increased by 0.2 per cent, as a consequence of higher rental charges for electricity meters.
In January, the twelve-month moving average rate of inflation stood at 4.6 per cent, whereas the annual rate of inflation stood at 3.1 per cent.
Loading ...
lets hope the lower rates of interest from the ECB doesn’t reverse the downturn of the rate of inflation. Otherwise I think we might run the risk of stagflation.