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CPI in March 2012 was 131.05 or inflated 0.07 percent

CPI in March 2012 was 131.05 or inflated 0.07 percent
Release Date : April 2, 2012
File Size : 0.08 MB

Abstract

"The Consumer Price Index (CPI) in March 2012 was 131.05 or inflated 0.07 percent from February 2012 at 130.96. In March 2012, the changes of each expenditure group as follows: the foodstuff decreased from 154.45 to 153.94 or deflated 0.33 percent; the prepared food, beverages, cigarette and tobacco increased from 139.95 to 140.59 or inflated 0.46 percent; the housing, water, electricity, gas and fuel increased from 124.96 to 125.21 or inflated 0.20 percent; the clothing increased from 137.90 to 138.11 or inflated 0.15 percent; the health increased from 121.58 to 121.77 or inflated 0.16 percent; the education, recreation and sport increased from 124.22 to 124.31 or inflated 0.07 percent, and the transportation, communication and financial services increased from 108.46 to 108.57 or inflated 0.10 percent.

The inflation in March 2012 was mainly caused by price increases of several commodities, i.e.: small chili, red chili, filter cigarette, fresh fish, preserved fish, garlic, cooking oil, cooked rice and side dishes served together, sugar, clove-flavored cigarette, leasing house fee, rental house fee, and gasoline. Meanwhile, the prices of the following commodities were decreased, i.e.: rice, purebred chicken meat, purebred chicken eggs, tomato (vegetable), string bean, cucumber, carrot, tomato (fruit), and passenger plane fare.

In March 2012, the core of CPI changed from 126.46 to 126.71 or inflated 0.20 percent (see Table 2). The administered price component changed from 123.49 to 123.79 or inflated 0.24 percent and the volatile component changed from 157.43 to 156.78 or deflated 0.41 percent.

The core inflation rate of calendar 2012 and year on year (March 2012 to March 2011) were 0.97 percent and 4.25 percent respectively. While inflation rate of the administered price component of calendar 2012 and year on year were 0.92 percent and 2.92 percent respectively. Furthermore, inflation rate of the volatile component of calendar 2012 and year on year were 0.65 percent and 4.45 percent."
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