14 December 2010

2010- n° 304

Slightly rise of the consumer price index in November 2010: +0.1% Consumer price index - final results - November 2010

In November 2010, the consumer price index (CPI) increased by 0.1% (+1.6% year-on-year), like in October.

The price index without tobacco was steady in November (+1.5% year-on-year).

Adjusted from seasonal variations, the monthly change went up by 0.2% (+1.6% year-on-year).

This slightly increase of the prices in November came both from the growth of the prices of oil products and from the partly seasonal rice in the prices of food products. Prices of tobacco went up by 4.3% (+4.2% in November 2009; +5.8% year-on-year). Those increases were partly counterbalanced by the seasonal decline of the prices of the services linked with tourism and by the weakening of the prices of manufactured products, reflection of special offers.

In November 2010, the energy prices were growing (+0.9%; +10.0% year-on-year). This growth concerns both the oil products (+1.8%; +11.0% year-on-year) and the liquid combustibles (+0.9%; +19.9% year-on-year).

The prices of food products were increasing in November 2010 (+0.5%; +0.1% in November 2009; +0.9% year-on-year). Prices of fresh products continue to grow (+2.0%; +7.2% year-on-year), mostly because of the seasonal rise of the prices of fresh vegetables (+5.2%; +9.9% year-on-year). The prices of food products except fresh products were growing slightly (+0.2%; stability year-on-year).

For seasonal reason, the prices of services were decreasing slightly in November 2010 (-0.1%; -0.2% in November 2009). Year-on-year, the change reached +1.4%. The change was +1.8% in November 2009. This slightly decline was attributable to the falls of the prices of some services linked with tourism.

In November, the prices of manufactured products were slightly decreasing (-0.2%; -0.1% in November 2009; -0.1% year-on-year). In November 2009, year-on-year, they were edging down by 0.4%.

Core-inflation (ISJ) was slightly weakening in November 2010 (-0.1%; +0.7% year-on-year).

The harmonised consumer price index (HCPI) went up by 0.1% (+1.8% year-on-year).