12 January 2012

2012- n° 14

In December 2011, the consumer price index increased: +0.4%; year-on-year, it rose by 2.5% Consumer price index - final results - December 2011

In December 2011, the consumer price index (CPI) increased by 0.4%, after a rose by 0.3% in November. The year-on-year change was +2.5% in December. The price index without tobacco grew by 0.4% in December 2011 (+2.4% year-on-year).

Adjusted from seasonal variations, the monthly change increased by 0.3% (+2.5% year-on-year).

The rose of CPI of December resulted from the seasonal increase of services and fresh products prices. Prices of manufactured products increased a bit with the end of some special offers. Energy Prices went down slightly.

In December 2011, prices of services were growing (+0.5%; +1.8% year-on-year), due to the growth of prices of tourism services with year holidays and the minimum wage increase which took effect the 1^st of December.

Prices of manufactured products increased by 0.5% in December 2011 (+1.0% year-on-year).

Prices of food products went up slightly in December 2011 (+0.3%; +3.3% year-on-year), after an increase by 0.3% in November. Prices of fresh products went up by 0.9% in December 2011 (—1.7% year-on-year), as usual at this time of the year. Prices of food products except fresh products were growing moderately (+0.2%; +4.1% year-on-year).

In December 2011, prices of energy decreased by 0.1% (+9.3% year-on-year).

Core-inflation (ISJ) increased by 0.3% in December 2011 (+1.8% year-on-year).

The harmonised consumer price index (HCPI) went up by 0.4% (+2.7% year-on-year).