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RECENT
RELEASES AND NEWS
MAIN
FEATURES IN THE MOVEMENT OF THE CONSUMER PRICE INDEX
SEPTEMBER QUARTER 2006
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NOTES
ON THE MOVEMENT OF THE INDEXES
Headline CPI
The CPI shows 3.3% in September quarter 2006, compared to 0.8% in June quarter
of the same year. The CPI headline index also shows an annual change of 5.3%
from 1.4% over 12 months from September quarter 2005 to September quarter
2006.
The quarterly change in the CPI for all
towns shows:
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2.9%
for Port Moresby, |
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8.6%
for Goroka, |
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4.0%
for Lae, |
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0.9%
for Madang, |
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-0.1%
for Rabaul |
Considering the quarterly change in
the CPI by major expenditure group shows:
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Food
group shows 5.6% |
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Drinks, Tobacco and Betel Nut shows 4.3% |
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Clothing and Footwear Group -2.8%. |
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Rent,
Council Charges, Fuel and Power shows 4.5%, |
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Household Equipment and Operations shows 0.9% |
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Transport and Communication shows -0.3%, |
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Miscellaneous Group shows -1.7%.
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Underlying CPI
The underlying rate of inflation shows -1.1% in September quarter 2006 compared
to 0.8% in June quarter of the same year. The underlying CPI also recorded 0.4%
over 12 months from September quarter 2005 to September quarter 2006.
The quarterly underlying CPI excluding base
measures are:
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CPI ex- seasonal shows -0.7% |
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CPI ex- seasonal and excise shows -1.1% |
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CPI ex- seasonal, excise and price control
shows -1.5% |
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