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The last month’s composite price index has increased to 1.3% that was from the previous year, comparing the 1.2% rise last May, the government had stated. The spokesman by the government said that the large yearly rise in the consumer prices inflation pressures last month comparing to that last May was because the increase in the pricings of pork.
The government concession relates the certain property deals that had some effect to the CPI. The CPI composite had already risen they would have fight to 2.4% barred in the concession rates. In the many components in CPI last month that includes a food meal.
The miscellaneous amounts that increased to a 1.9%, this miscellaneous goods had gone up to 1.8%. the segments that had been recorded in the fall of pricings, the decline in the durable goods is 4.5% then next is the alcoholic drinks.
The fast working productivity development must be also providing some cushions opposed to the total pressures in inflation.
11:52
Posted on Jul-18-2007
