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Retail Price Index up by 0.42% in February
By MaltaMedia News
Mar 27, 2008 - 5:51:32 PM
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In February 2008, the Retail Price Index went up by 0.42% over the previous month, the National Statistics Office said in results published on Thursday. This primarily reflected an increase of 4.76% in the Clothing and Footwear Index, mainly due to seasonal price increases.
Higher prices for medical services comprised the main cause behind an increase of 0.83% in the Personal Care and Health Index. The Food Index increased by 0.42%, mainly on account of higher prices of vegetables, pasta, and dairy products.
Higher fees charged for veterinary services underlay an increase of 0.15% in the Other Goods and Services Index.
A registered decrease of 0.53 per cent in the Beverages and Tobacco Index was mainly brought about by price reductions in beverages.
In February the twelve-month moving average rate of inflation stood at 1.64%, whereas the annual rate stood at 3.70%.
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Mar 29, 2008 - 1:36:50 PM CET
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