17 October 2011
The latest highlights from the Department of Statistics for the Consumer Price Index (CPI) for August 2011.
- Consumer Price Index (CPI) for August 2011 increased by 0.9% over July 2011 (106.3) and now stands at 107.2. For the previous two months, June 2011 decreased by 1.5% and July increased by 1.1%. When comparing August 2011 to July 2011, Local Index increased by 2.2% and no change in the Imported Index.
- The Annual Rate of Inflation for August 2011 stood at 6.9% compares to 6.6% of inflation in July 2011. It was 4.2% in August 2010. Local Index recorded an Annual Inflation Rate of 7.5% while the Imported Index was 6.8%.
- Food Group marked the largest price increased by 2.3% towards the index position of August 2011.This was mainly due to increase in prices of Local Fruits and Vegetables, Imported Meats and Local Fish items such as Tuna, Mixed Stringed Fish, Mutton Flaps, Chicken Pieces and some other items. Prices increase of Local Fruits and Vegetables were recorded on Pele leaves, tomatoes, head cabbages, ripe bananas, pineapples, pawpaw, peanuts and some other items. Tobacco, Alcohol & Kava Tonga Group made an increase of 0.7%, due mainly to increase in price recorded for Imported Tobacco such as Port Royal Tobacco.
- Transportation Group marked a decrease towards the index position of August 2011 by 1.4%. This was mainly due to decrease in price recorded for petrol and diesel from the previous month.
- Items for Housing Group, Household Operations Group, Clothing and Footwear Group and Miscellaneous Good and Services Group remained unchanged, thus resulted in no change of these group indexes during August 2011.
Detail information of this release is available from the Statistics Department.ENDS
Issued by the: Department of Statistics, Nuku'alofa, 2011,