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CPI in May 2011 was 125.81 or Inflated 0.12 %

CPI in May 2011 was 125.81 or Inflated 0.12 %
Release Date : June 1, 2011
File Size : 0.07 MB

Abstract

The Consumer Price Index (CPI) in May 2011 was 125.81 or inflated 0.12 percent from April 2011 at 125.66. In May 2011, the changes of each expenditure group as follows: the foodstuff decreased from 144.42 to 144.01 or deflated 0.28 percent; the prepared food, beverages, cigarette and tobacco increased from 134.56 to 134.86 or inflated 0.22 percent; the housing, water, electricity, gas and fuel increased from 121.46 to 121.76 or inflated 0.25 percent; the clothing increased from 128.28 to 129.10 or inflated 0.64 percent; the health increased from 118.10 to 118.69 or inflated 0.50 percent; the education, recreation and sport increased from 118.80 to 118.83 or inflated 0.03 percent, and the transportation, communication and financial services increased from 106.75 to 106.90 or inflated 0.14 percent.

The inflation in May 2011 was mainly caused by price increases of several commodities, i.e.: gold accessories, rice, purebred chicken meat, fresh fish, preserved fish, spinach, string bean, mustard greens, tomato (vegetable), tomato (fruit), clove-flavored cigarette, filter cigarette, brick, rental house fee, wages of labor, detergent, gasoline, and motorcycle. Meanwhile, the prices of the following commodities were decreased, i.e.: small chili, red chili, sugar, potato, and red onion.

In May 2011, the core of CPI changed from 121.84 to 122.17 or inflated 0.27 percent (see Table 2). The administered price component changed from 120.48 to 120.72 or inflated 0.20 percent and the volatile component changed from 146.64 to 145.99 or deflated 0.44 percent.

The core inflation rate of calendar 2011 and year on year (May 2011 to May 2010) were 1.58 percent and 4.64 percent respectively. While inflation rate of the administered price component of calendar 2011 and year on year were 1.16 percent and 5.47 percent respectively. Furthermore, inflation rate of the volatile component of calendar 2011 and year on year were -3.12 percent and 11.00 percent.
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