CONSUMER PRICE INDEX
3rd Quarter 2015
1. The Consumer Price Index, which stood at 107.2 in June 2015, registered a net increase of 1.4 points (or 1.3%) to reach 108.6 in September 2015.
2. The main reasons for the net increase in the CPI from June to September 2015 were:
- higher prices of vegetables;
- higher prices of meat and other food products;
- higher internet connection fees;
- higher prices of some other goods and services;
partly offset by
- lower prices of milk;
- lower mobile phone charges.
3. The headline inflation rate for the twelve months ending September 2015 works out to 1.2% compared to 3.9% for the twelve months ending September 2014.
4. The headline inflation rate excluding ‘Alcoholic beverages and tobacco’ for the twelve months ending September 2015 works out to 1.1% compared to 3.4% for the twelve months ending September 2014.
Ministry of Finance and Economic Development
15 October 2015