January 2019 Consumer Price Index Report
Today [April 22], Minister for the Cabinet Office Walton Brown released the January 2019 Consumer Price Index publication from the Department of Statistics.
The Minister explained, “In January 2019 consumers paid 1.3 per cent more for the CPI basket of goods and services than they did in January 2018. Between December 2018 and January 2019 the average cost of all goods and services increased 0.3 per cent.”
Of the nine sectors in the all items index the largest year-over-year contributors to the January 2019 inflation rate are highlighted below:
- The Health & Personal Care sector rose 3.1 per cent.
- The Fuel & Power sector rose 6.7 per cent.
- The Food sector advanced by 2.7 per cent.
The full January 2019 Consumer Price Index follows below [PDF here]:
Inflation up, retail sales down….
Glad to see the PLP succeeding in reducing the cost of living ….