Consumer Price Index (CPI) Increased by 4.1% in 2008

"This report is a consolidated report of the average CPI in 2008 and the December 2008 CPI."

This report is a consolidated report of the average CPI in 2008 and the December 2008 CPI. The numbers for March 2008, June 2008 and September 2008 also reflect revisions based on the results of the annual audit of the CPI database.

The average CPI in 2008 stood at 153.7, increasing by 4.1% from the average CPI in 2007. Underlying this increase were the average price increases in all major categories, except clothing which stood still, i.e. 0.0%:

CPI stood at 152.0 in December 2008, up by 3.4 percent in comparison to December 2007.

Furthermore, the December 2008 showed a decline of 3.2% compared to September 2008.

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