Rises in main indices push up February CPI


  • Business
  • Thursday, 17 Mar 2005

THE Consumer Price Index (CPI) for February increased by 2.4% to 107.6 from 105.1 in the same period last year, the Statistics Department said. 

Compared with the same month in 2004, the CPI increased by 2.4% from 105.1 to 107.6 and was 0.1% higher compared with the previous month, it said in a statement. 

The department said the 2.4% rise in the CPI was contributed by increases observed in the indices of all main groups except those of clothing and footwear, which decreased by 1.3%. 

It said that notable among the increases were beverages and tobacco (+13.3%); food (+3.2%); and transport and communication (+1.9%). 

Other increases were miscellaneous goods and services (+1.6%); medical care and health expenses (+1.5%); furniture, furnishings and household equipment and operation (+1.2%); gross rent, fuel and power (+1.2%); and recreation, entertainment, education and cultural services (+0.2%).  

The 3.2% rise in the food index was the result of 3.2% increase for food at home coupled with a 3% rise for food away from home. 

The main groups experiencing increases are furniture, furnishing and household equipment and operation (+0.4%); and gross rent, fuel and power (+0.3%).  

Beverages and tobacco; medical care and health expenses; and transport and communication increased by 0.1% respectively. – Bernama 

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