Index of Retail Prices for December 2011

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The Index of Retail Prices for December 2011 stood at 161.6 points. This represented an increase of 0.1 per cent when compared with the 161.5 points recorded in November 2011.

Increases were recorded for Food by 0.1 per cent; Alcoholic Beverages and Tobacco by 1.4 per cent; Housing by 0.2 per cent; Household Operations and Supplies by 1.2 per cent; Clothing and Footwear by 0.6 per cent; and Medical and Personal Care by 0.5 per cent.

Decreases were recorded for Fuel and Light by 0.1 per cent; and Transportation by 1.1 per cent.?? Education, Recreation and Miscellaneous remained constant from the previous month.

Between December 2009 and December 2010, the Index of Retail Prices increased by 9.6 per cent from 147.5 points to 161.6 points.

The average inflation rate for the twelve month period December 2010 to December 2011 was 9.4 per cent.

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