CPI Press Release for Quarter 4 2007

 

CONSUMER PRICE INDEX
Federated States of Micronesia

4th Quarter 2004 to 4th Quarter 2007.

Volume 15.

The FSM inflation rate for fourth quarter 2007 was 3.5 percent compared to last year's 4.9 percent over the same quarter. The 1.4 percentage points decline in the inflation rate reflected the decreases in Food, ATSB, Clothing & Footwear, and Housing categories. On a state basis, the annual inflation rate for fourth quarter 2007 was 4.7 percent in Kosrae, 1.8 percent in Pohnpei, and 4.4 percent in both Chuuk and Yap.

Read the full report here.



Mr. Stoney Taulung
Deputy Assistant Director for Statistics
Division of Economic and Statistics