The National, Friday, June 3rd 2011
THE consumer price index for the March quarter this year showed 3.1%, compared to 2.7% in last December quarter.
The CPI headline index also showed an annual change of 9.0% over 12 months from the first quarter last year to the
first quarter this year.
The quarterly change in the CPI for all towns showed Port Moresby with 4.8%, Goroka 1.9%, Lae (0.6%), Madang (4.4%) and Rabaul (1.0%).
The quarterly change in the CPI by major expenditure group showed:
. Food groups – 2.3%;
. Drink, tobacco and betelnut – 4.1%;
. Clothing and foot-wear group – 3.0%;
. Rent, council char-ges, fuel and power – 7.7%;
. Household equipment and operations – 1%;
. Transport and communication – 3.1%; and
. Miscellaneous gro-up – 3.0%.
The underlying rate of inflation was 2.6% in the March quarter compared to1.0% in the December quarter last year.