cpi & inflation rate

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  • 8/2/2019 CPI & Inflation Rate

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    CONSUMER PRICE INDEX

    Table 1The Inflation Rates of 66 Cities in July 2011, Calendar Year 2011, and

    Year on Year by Expenditure Group (2007 = 100)

    Expenditure Group CPIJuly2010

    CPIDecember

    2010

    CPIJuly

    2011

    InflationRate of

    July 2011 1)

    InflationRate of

    Calendar2011 2)

    InflationRate of Year

    on Year3)

    (1) (2) (3) (4) (5) (6) (7)

    General 121.74 125.17 127.35 0.67 1.74 4.61

    1 Foodstuff 141.17 147.39 148.52 1.84 0.77 5.212 Prepared food, Beverages, Cigarette

    and Tobacco

    129.32 132.59 135.98 0.42 2.56 5.15

    3 Housing, Water, Electricity, Gas andFuel

    116.66 119.79 122.36 0.19 2.15 4.89

    4 Clothing 120.80 126.76 130.65 0.62 3.07 8.155 Health 114.73 115.86 119.50 0.27 3.14 4.166 Education, Recreation and Sport 115.40 117.86 120.20 0.97 1.99 4.16

    7 Transportation, Communication andFinancial Services

    105.46 106.10 107.24 0.17 1.07 1.69

    1) Change in percents CPI July 2011 to CPI of the previous month.2) Change in percents CPI July 2011 to CPI in December 20103) Change in percents CPI July 2011 to CPI in July 2010

    The Consumer Price Index (CPI) in July 2011 was 127.35 or inflated 0.67 percent

    from June 2011 at 126.50. In July 2011, the changes of each expenditure group as

    follows: the foodstuff increased from 145.84 to 148.52 or inflated 1.84 percent; the

    prepared food, beverages, cigarette and tobacco increased from 135.41 to 135.98 or

    inflated 0.42 percent; the housing, water, electricity, gas and fuel increased from 122.13

    to 122.36 or inflated 0.19 percent; the clothing increased from 129.84 to 130.65 or

    inflated 0.62 percent; the health increased from 119.18 to 119.50 or inflated 0.27 percent;

    the education, recreation and sport increased from 119.04 to 120.20 or inflated 0.97

    percent, and the transportation, communication and financial services increased from

    107.06 to 107.24 or inflated 0.17 percent.

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    The inflation in July 2011 was mainly caused by price increases of several

    commodities, i.e.: rice, purebred chicken meat, purebred chicken eggs, gold accessories,

    passenger plane fare, fresh fish, potato, filter cigarette, secondary school education fees

    (SLTA), beef, preserved fish, cucumber, cabbage, orange, red onion, cooked rice & side

    dishes served together, clove-flavored cigarette, leasing house fee, cement, rental house

    fee, elementary school education fees, secondary school education fees (SLTP), and

    academy/university tuition. Meanwhile, the prices of the following commodities were

    decreased, i.e.: garlic, small chili, mustard greens, tomato (vegetable), red chili, and

    cooking oil.

    Table 2

    The Inflation Rate of July 2011, Calendar Year 2011 andYear on Year by Component Group

    ComponentGroup

    CPIJuly2010

    CPIDecember

    2010

    CPIJuly2011

    InflationRate of

    July 2011

    InflationRate of

    Calendar2011

    InflationRate of

    Year onYear

    (1) (2) (3) (4) (5) (6) (7)

    General 121.74 125.17 127.35 0.67 1.74 4.61

    Core 117.72 120.27 123.08 0.42 2.34 4.55

    Administered Price 116.10 119.34 121.37 0.21 1.70 4.54Volatile 143.82 150.69 151.11 2.05 0.28 5.07

    In July 2011, the core of CPI changed from 122.57 to 123.08 or inflated 0.42

    percent (see Table 2). The administered price component changed from 121.11 to 121.37

    or inflated 0.21 percent and the volatile component changed from 148.07 to 151.11 or

    inflated 2.05 percent.

    The core inflation rate of calendar 2011 and year on year (July 2011 to July 2010)

    were 2.34 percent and 4.55 percent respectively. While inflation rate of the administered

    price component of calendar 2011 and year on year were 1.70 percent and 4.54 percent

    respectively. Furthermore, inflation rate of the volatile component of calendar 2011 and

    year on year were 0.28 percent and 5.07 percent.