December 2010: Consumer Price Index
Consumers paid 2.7% more in December 2010 than they did a year ago for the basket of goods and services included in the Consumer Price Index. The annual rate of inflation was up 0.4 percentage points from the 2.3 per cent measured in November.
Between November and December 2010, the average cost of goods and services in the Consumer Price Index remained the same. The all-items index was unchanged from November standing at 114.6 in December. This means that the basket of goods and services that cost $100.00 in April 2006 now cost $114.60.
The full 4-page report is below, click ‘Full Screen’ for greater clarity:
That’s why Market Place is allowed to come along and put higher prices on top of older prices on their groceries! Always wondered how it worked…stick it to the tax payers every time. Wait for the BUDGET next month!!!!!