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Bethel Finance news:
The Consumer Price Index (CPI) for December was unchanged, the Central Bureau of Statistics reported this evening. This was slightly lower than the analyst's consensus of a 0.1% CPI rise in December.
Inflation totaled 2.2% in 2011, in the middle of the government's 1-3% target range.
Even though the housing item (mainly rents) in the CPI began falling in recent months, and fell 0.1% in December, it still contributed to inflation in 2011 with a rise of 1.3% over the year.
December saw clothing and footwear prices rise by 5%, while fresh fruit and vegetable prices rose by 1%. On the other hand, fuel prices fell by 1.3%, meat and fish prices fell by 1%, spectacles fell by 10% and health and leisure prices fell by 6.5%.
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