The annual inflation down to 6.3%

12 years, 6 months ago - October 06, 2011
The annual inflation down to 6.3%
This is one of the lowest rates in recent months, according to the method year is year or a year to the next between September 2010 and the same date this year.

The decline in the index of consumer prices fell by 0.1 points from August to September. In the components that make up the basket price index, there was a 0.4 point rise in food and a decrease of 4.7 points in the cost of the phone.Clothing increased by 0.3 points.

If there was a decrease in the rate of annual inflation, it is uneven. It rose from 7.1% in May to 6.6% in June, before rising to 6.7% in July and 6.5% in August. But the headline inflation, which is an average of 12 months ending September 2011 compared to the 12-month period ending September 2010 was 6.2%.

The economist and director of Pluriconseil, Eric Ng, draws attention to the coexistence of two methods of calculation.If it is true and internationally is the method of year is year is the norm, he points to the risk of distortion unexpected, as soaring oil prices or food which would distort the figure of inflation. 
He prefers, for its part, the headline inflation that smooths momentary flare-ups in price.

It highlights, in any case, with an annual rate of 6.3% in September, the inflation rate is higher than the bank interest rate on bank savings. According it, despite the marginal decline, the inflation rate remains high. 

Text by lexpress.mu
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