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Dec
15th
2007

Novembers Retail Price Index increases by 0.27 per cent

Author: Gozo News | Filed under Local News |  0 comments  

National Statistics OfficeIn November, the Retail Price Index went up by 0.27 per cent over the previous month. This primarily reflected an increase of 3.47 per cent in the Clothing and Footwear Index. A 1.34 per cent increase was registered in the Food Index, mainly on account of higher prices of vegetables, pasta and cheese. The Housing Index went up by 0.48 per cent, mainly as a result of higher prices of rents.

The Other Goods and Services Index went up by 0.43 per cent on account of increases in the prices of jewellery. Higher prices of non-alcoholic beverages were the main factor behind a 0.21 per cent rise in the Beverages and Tobacco Index. An increase of 0.11 per cent in the Water, Electricity, Gas and Fuels Index was due to a price rise in liquid fuels. Marginal increases were registered in the Household Equipment and House Maintenance Cost Index and the Personal Care and Health Index.

The Transport and Communications Index decreased by 1.67 per cent due to lower prices of air transport services. The Recreation and Culture Index decreased by 0.12 per cent, mainly on account of lower prices of computers.

In November, the twelve-month moving average rate of inflation stood at 1.04 per cent, whereas the annual rate stood at 3.29 per cent.

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