Saturday, August 2, 2008

Inflation July 2008

The Consumer Price Index (CPI) in July 2008 was 111.59 or inflated 1.37% from June 2008 at 110.08. In July 2008, the changes of each expenditure group as follows: the food stuff increased from 116.44 to 118.59 or inflated 1.85%; the prepared food, beverages, cigarette and tobacco increased from 109.38 to 110.55 or inflated 1.07%; the housing, water, electricity, gas and fuel increased from 108.03 to 109.97 or inflated 1.80%; the clothing increased from 108.61 to 109.49 or inflated 0.81%; the health increased from 106.20 to 106.95 or inflated 0.71%; the education, recreation and sport increased from 104.99 to 106.82 or inflated 1.74%; and the transportation, communication and financial services increased from 109.50 to 110.28 or inflated 0.71%.

The inflation in July 2008 was mainly caused by price increases of several commodities, i.e.: household fuels, purebred chicken meat, purebred chicken eggs, urban transportation fare,
fresh fish, elementary school education fees, red chili, gold accessories, cement, passenger plane fare, rental house fee, gasoline, secondary school education fees (SLTA), cooked rice & side dishes served together, cooked noodle, academy/university tuition, filter cigarette, brick, secondary school education fees (SLTP), wall paint, leasing house fee, soto (special soup), housemaid cost, string bean, study guidance, wages of labor, clove-flavored cigarette, iron rods for reinforced concrete, medicine by prescription, cucumber, coconut, green chili, kangkung, sate, ice, sand, kindergarten education fees, apple, lumber, preserved fish, fried chicken, soft drink, and orange. Meanwhile, the prices of the following commodities were decreased, i.e.: shallot, cooking oil, cassava leaves, and carrot.

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