RPI down
The Retail Price Index went down by 0.37 percent in July, primarily reflecting a decrease of 7.63 percent in the clothing and footwear index, mainly on account of seasonal price decreases in women's outerwear.
A fall of 2.10 percent was registered in the food index, mainly due to price decreases in fruit. Lower prices of liquid fuels caused the water, electricity, gas and fuels index to go down by 0.59 percent.
The recreation and culture index decreased by 0.26 per cent, mainly due to a downward shift in the fees charged for the hiring and leasing of venues.
Lower prices of some household textiles had a downward effect of 0.14 percent on the household equipment and house maintenance cost index. The transport and communication index went up by 2.91 percent, mainly due to higher prices of transport fuels.
The housing index registered an increase of 1.06 percent, mainly on account of higher prices of various construction works.
Upward shifts in the prices of certain cosmetic and toilet preparation articles caused the personal care and health index to go up by 0.20 percent.
The other goods and services index registered an increase of 0.06 percent on account of price rises in certain jewellery items. In July the 12-month moving average rate of inflation stood at 3.95 percent, whereas the annual rate stood at 1.48 percent.
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DamianPaul Cassar
Aug 21st 2009, 17:42
Why are you being so negative??? Visit the NSO website; high rates of inflation have been reported since last summer and now because things are nearly going back on track you re not believing national statistics. What's the scope for the NSO to lie and draw a positive picture??? When the picture was black the NSO reported so
Galea. L
Aug 21st 2009, 17:26
GONZI AND GOVERNMENT AGENCIES. NO ONE BELIEVES YOU ANY LONGER.
Jimmy Magro
Aug 21st 2009, 13:50
Whatever the RPI says (no one believes these figures) so it like a hanqa ta' hmar fid dessert, the COLA for 2010 should not be less than €10 per week for all.
The unions should make their own studies: that is why the government gives the money - not to spend on their Brussels trips. We never heard what happened during one of the meetings at Castille during the discussions on electricity tariffs. The Unions' campaign went up in smoke. So the Government is assured that it can do whatever it likes as the trade unions have become sheep rather than lions.
When the bloggers say that they are not fools, there is only one way to prove that. In the next GE.
P.Cassar
Aug 21st 2009, 13:20
It seems we have started the chess game of again taking the people for fools and telling them that prices are falling on the eve of the budgit. The main aim being that of lowering the weage increase.
If you tell any Maltese, man or woman, that life is getting cheaper he will send you to the marines, to put it mildly.
PLEASE STOP TAKING US FOR FOOLS EVERY OTHER MINUTE.
Nigel Lawrence
Aug 21st 2009, 13:04
RPI down ??
If you believe that, then you'll believe anything these political back slappers will throw at you.
Robert Attard
Aug 21st 2009, 12:21
This is just reflecting the fact that it is the summer 'sale' season for most textile retail outlets. Something that happens every year! Is this really a worthy news item or is it just an attempt by this conservative right newspaper to reassure us that under this government all is well and everyone is happy?