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Markets & Prices

Last updated: Thursday, November 16, 2017


CPI in August Increases 0.92 Pct

Posted: Thursday, August 31, 2017

The Consumer Price Index (CPI) in August 2017 rose 0.92 per cent against the previous month, according to the General Statistics Office.

The average CPI in eight months of this year witnessed a year-on-year increase of 3.84 per cent, and increased 1.23 per cent and 3.35 per cent in comparison with December last year and the same period last year, respectively.

Ten groups saw increases in prices compared to the previous month, including pharmacy and health service up 2.86 per cent, transport up 2.13 per cent, restaurants and food services up 1.06 per cent, housing and building materials up 0.93 per cent, education up 0.57 per cent, garments, hats and footwear up 0.09 per cent, beverage and tobacco up 0.07 per cent, household equipment up 0.03 per cent, culture, entertainment and tourism up 0.01 per cent and other services up 0.1 per cent.

The price of telecommunications declined 0.04 per cent.

The fundamental inflation in August rose 0.1 per cent and 1.31 per cent against the previous month and the same period last year, respectively. The average inflation over the recent eight months of the year saw a year-on-year increase of 1.47 per cent.

The gold price rose 1.11 per cent while the US$ price decreased 0.03 per cent against the previous month.


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