The
Consumer Price Index (CPI) for December 2013 decreased by
0.34 units or 0.29% to 117.49 units compared to 117.83 in November 2013. This
is mainly due to decreases in
the prices of electricity, air fares, potatoes and certain clothing items. Increases
have been recorded in the prices of certain fresh vegetables.
The
rate of inflation for December 2013 decreased by -2.3% compared to -2.1% in
November 2013 and 1.1% in December 2012.
The
rate of inflation for the year 2013 recorded a decrease of -0.4% compared to
the previous year. It is worth noting that 2013 is the first year since 1964
that a negative annual rate of inflation is recorded.
The
evolution of the Index during the last two months, as well as the percentage
changes compared with last year, are shown in the table below:
|
Categories of Goods
and Services
|
Price Indices (2005=100)
|
Percentage change (%)
|
|||||
|
November
2013
|
December
2013
|
Dec. 2013
Nov. 2013
|
Dec. 2013
Dec. 2012
|
Jan.-Dec.
2013
Jan.-Dec.
2012
|
|||
|
1.
|
|
Food and non-alcoholic
beverages
|
126,71
|
129,08
|
1,87
|
-0,83
|
0,22
|
|
2.
|
|
Alcoholic beverages and tobacco
|
132,55
|
131,65
|
-0,68
|
4,15
|
8,58
|
|
3.
|
|
Clothing and footwear
|
97,39
|
96,26
|
-1,16
|
-4,55
|
-2,73
|
|
4.
|
|
Housing, water, electricity and
gas
|
137,25
|
135,11
|
-1,56
|
-9,05
|
-3,99
|
|
5.
|
|
Furnishings, household equipment and
supplies
|
104,09
|
103,05
|
-1,00
|
-3,43
|
-1,09
|
|
6.
|
|
Health
|
123,75
|
123,31
|
-0,36
|
-3,56
|
-2,50
|
|
7.
|
|
Transport
|
110,16
|
109,19
|
-0,88
|
1,14
|
2,21
|
|
8.
|
|
Communication
|
102,28
|
102,16
|
-0,12
|
0,82
|
0,97
|
|
9.
|
|
Recreation and culture
|
107,85
|
107,76
|
-0,08
|
-0,98
|
-0,11
|
|
10.
|
|
Education
|
129,37
|
129,37
|
0,00
|
-4,21
|
-0,74
|
|
11.
|
|
Restaurants and hotels
|
126,47
|
126,25
|
-0,17
|
-0,21
|
0,39
|
|
12.
|
|
Miscellaneous goods and
services
|
113,00
|
112,35
|
-0,58
|
-0,11
|
0,86
|
|
|
|
|
|
|
|
|
|
|
|
|
General Consumer
Price Index
|
117,83
|
117,49
|
-0,29
|
-2,30
|
-0,40
|
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3/1/2014
