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Consumer Price Index for the Month of December, 1998

The Department of Statistics and Research announces that the Consumer Price Index for December, 1998 decreased by 0,50 units or 0,40 per cent to 123,84 units compared to 124,34 in the previous month. This is mainly due to decreases in the prices of potatoes, certain fresh fruit, vegetables and pork.

2. The average rate of increase of the Index for the whole year 1998 (January-December 1998) compared to 1997 was 2,23% while the Index of December 1998 compared to the Index of December 1997 showed an increase of 0,95%.

3. The six-monthly average rate of increase of the Index during the period July-December 1998 was 1,99% and reached 124,08 units compared to 121,66 in the preceding six months. The cost of living allowance increases as from 1st January, 1999 and for the next six months to 203,16% on basic salaries compared to 197,24% in the preceding six months with the respective minimum of such allowance.

 

Categories of Goods and services

1998
January

February

March

April

May

June

July

August

Sept.

Ïct.

Nov.

Dec.

I.

Food, beverages and tobacco

122,43

121,94

121,89

121,72

124,18

124,55

126,89

130,06

130,87

129,29

127,43

125,63

II.

Clothing and footwear

112,19

111,88

118,66

134,27

134,62

136,17

120,41

118,79

133,06

135,66

136,87

136,85

III.

Rents, fuel and power

132,08

131,92

131,66

131,59

130,72

131,00

132,03

132,42

132,73

131,78

131,80

131,82

IV.

Furnishings, household equipment and supplies

113,96

113,79

115,41

116,98

116,57

116,74

116,01

115,64

117,36

117,23

117,45

116,98

V.

Medical care

132,09

132,69

132,96

133,04

133,91

135,56

135,54

135,84

136,18

136,51

137,01

137,82

VI.

Transport and communication

111,12

111,25

111,31

111,38

109,77

110,14

110,31

110,30

110,65

110,39

109,51

109,51

VII.

Recreation, education and cultural services

126,14

126,08

126,46

126,41

126,25

126,81

126,65

126,65

128,82

129,04

129,88

129,91

VIII.

Miscellaneous goods and services

121,68

121,84

122,68

122,99

123,02

123,86

123,87

123,87

123,89

122,67

122,13

122,82

General Index

120,40

120,24

120,99

122,48

122,67

123,19

122,60

123,41

125,36

124,90

124,34

123,84

 

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