Retail Price Index For January 2022 Reflect 0.9% Increase, Confirms CSO

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Retail Price Index For January 2022 Reflect 0.9% Increase, Confirms CSO

The Central Statistical Office says the Index for Food and Non-Alcoholic Beverages increased from 127.0 in December 2021 to 128.1 in January 2022.

In a media release on Friday, the CSO said this increase reflects an increase of 0.9 per cent.

It said contributing significantly to this increase was the general upward movement in the prices of carite – fresh; powdered milk – full cream; parboiled rice; white flour; king fish – fresh; carrots; eddoes; snacks (corn curls, cheese balls, tortilla chips etc.); other chilled or frozen chicken (parts); and cucumber.

The CSO said the full impact of these price decreases was offset by the general decreases in the prices of tomatoes; pumpkin; chive; other fruit drinks (not orange); fresh beef; steak – fresh beef; carbonated soft drinks; potatoes; apples; and salted pig tail.

It said a further review of the data for January 2022 compared with December 2021 reflected increases in the sub-indices for Alcoholic Beverages and Tobacco of 2.0%.

Clothing and Footwear of 0.3%, Housing, Water, Electricity, Gas and Other Fuels of 1.3%, Furnishings, Household Equipment & Routine Maintenance of the House of 0.7%, Health of 1.1%, Transport of 0.5%, Communication of 2.5%, Hotels, Cafés and Restaurant of 1.0%, and Miscellaneous Goods and Services of 0.7%.

However, decreases were noted in the sub-indices for Recreation and Culture of 2.7%.
All other sections remained unchanged.