Fuel factor nudges inflation
Stabroek News
June 4, 2004
Consumer prices rose by 0.1% in April indicating an annual increase from April 2003 of 2.7% as higher fuel prices start having their affect.
The housing group increased by 0.5% with the sub-category fuel and power (domestic gas and kerosene oil) rising by 1.2%. In the furniture group, the price level increased by 0.1% with the sub-category of cleaning materials recording an increase of 0.4%.
The transport and communication group increased by 0.7%, with increases in the sub-categories of personal transport equipment by 0.2% and operations of personal transport (gasoline) by 3.6%. The educational, recreational and cultural group also recorded an increase of 0.7%.
On the other hand, the food group decreased by 0.4%.
This decrease resulted primarily from the downward price movements in the sub-category of vegetables and vegetable products by 9.4%.
There were increases in the sub-categories of cereals and cereal products by 0.2%; pulses and pulse products by 0.7%; meat, fish and eggs by 0.2%; milk and milk products by 0.3%; oils and fats by 0.1%; condiments and spices by 0.2%; fruits and fruit products by 9.2% and non-alcoholic beverages by 0.1%