CONSUMER PRICE INDEX (Base:November 1996=100) DETAILED SUB-INDICES RELEASE. December 1999

Transcription

1 CONSUMER PRICE INDEX (Base:November 1996=100) DETAILED SUB-INDICES RELEASE December 1999 This release provides a summary analysis of the major price developments within the 10 main CPI commodity groups together with constituent CPI Sub-Indices and details of their monthly and annual percentage changes. A detailed description of the CPI is published in the June 1997 issue of the Irish Statistical Bulletin. The monthly CPI Statistical Release is available on the CSO Web Site immediately following publication. For further information: cpi@cso.ie Fax: Tel: Locall Exts: 5427/5430 Or /

2 Food Food prices rose by 0.4% in the month of January, bringing the annual price increase in the last twelve months to 2.9%. Price increases were recorded for meals out, pork, fresh fish, fresh fruit and vegetables and cereals, while the price of potatoes and poultry declined. Drink Alcoholic drink prices rose by 0.5% in the month. The annual percentage increase in alchohol prices was 4.1%, contributing 0.54% to the overall annual consumer price index in the twelve months to January. Tobacco Cigarettes and related tobacco product prices rose marginally with increases in the price of cigars and flake tobacco. The annual increase in the 12 months to January was 17.2%. Clothing & Footwear Clothing and Footwear prices dropped this month as a result of the winter sales. There were reductions in mens, childrens, womens clothing and footwear. Fuel & Light Fuel and light prices increased by 0.8% in January to bring the annual percentage change to 8.3%, up from 7.3% in December. Higher crude oil prices has resulted in a number of large increases in the price of home heating oil over the last few months. In December oil prices increased by 2.6%, bringing the annual increase to almost 53% in January 2000.

3 Housing The cost of housing increased in January by 1.2%. This was due to an increase in mortgage interest repayments and a rise in house insurance premiums. The annual change in the 12 months to January is -4.9%, down from -7.8% in the 12 months to December. Durable Household Goods Durable Goods prices fell in January by 3.5% as a result of the January sales. Prices remained lower in January than the same period last year. Other Goods There was no change in the cost of Other Goods in January despite some sales. Transport Transport costs rose in January by 0.9%. There were higher than average increases in the cost of motor fuel, car insurance and in public transport. As a result the annual increase in transport in the year to January is 7.8%, while motor fuel has increased by 16.5% in the year. Services & Related Expenditure Services and Related Expenditure show a minor change in January, leaving the annual increase at 5.8%. In the year to January the major price changes were in Education and Training, Other Services (inc. childcare) Discos/Nightclubs, Medical Expenses, Hairdressing, Shoe Repairs and Laundry and Dry Cleaning. Overall CPI Consumer Prices fell by 0.2% in January, putting the annual rate of inflation for the twelve months to January at 4.0%. The main factors contributing to the monthly change were increases in Food, Housing, Transport and Services and a fall in Clothing and Durable Household Goods.

4 TABLE 1 - FOOD TOTAL BEEF MUTTON/LAMB PORK BACON POULTRY COOKED MEAT SAUSAGES OTHER MEAT FRESH FISH FROZEN FISH SMOKED FISH TINNED FISH POTATOES TOMATOES OTHER FRESH VEGETABLES DRIED VEGETABLES TINNED VEGETABLES FROZEN VEGETABLES BREAD FLOUR BISCUITS CAKES PASTEURISED MILK OTHER MILK PRODUCTS CHEESE EGGS BUTTER MARGARINE OTHER FATS & OILS FRESH FRUIT TINNED FRUIT DRIED FRUIT & NUTS TEA COFFEE COCOA SUGAR BREAKFAST CEREALS OATMEAL OTHER CEREALS SAUCES & MEAT EXTRACTS SOUPS PRESERVES SWEETS & CHOCOLATE CUSTARD DESSERTS & ICE CREAM BABY FOOD MISCELLANEOUS ITEMS SOFT DRINKS MEALS OUT

5 TABLE 2 - ALCOHOL TOTAL BEER SPIRITS WINE TABLE 3 - FUEL & LIGHT TOTAL FIRELIGHTERS COAL & ANTRACITE TURF & BRIQUETTES BOTTLED GAS PIPED GAS ELECTRICITY FUEL OIL TABLE 4 - HOUSING TOTAL RENTS LOCAL AUTHOR. CHARGE MORTGAGE INTEREST HOUSE INSURANCE REPAIRS & DECORATION TABLE 5 - TRANSPORT TOTAL MOTOR CYCLES MOTOR CARS OTHER VEHICLES MOTOR REG & TAX MOTOR INSURANCE MOTOR FUEL MOTOR OIL SPARE PARTS REPAIRS & MAINTENANCE OTHER VEHICLE COSTS BUS FARES RAIL FARES COMBINED TRAVEL OTHER TRAVEL

6 TABLE 6 - SERVICES & RELATED EXPENDITURE TOTAL CINEMA DANCING OTHER ENTERTAINMENT EDUCATION & TRAINING MEDICAL FEES MEDICINES & DRUGS HOSPITAL CHARGES OTHER MEDICAL EXPENSES THERAPEUTIC EQUIPMENT HAIRDRESSING SHOE REPAIRS LAUNDRY & DRYCLEANING OTHER SERVICES POSTAGE TELEPHONES SOCIETY SUBSCRIPTION UNION SUBSCRIPTION TV RENTAL LICENCES ACCOMMODATION CHARGES PACKAGE HOLIDAYS OTHER EXPENDITURE