The CPI compiled in June 2005 is 242.4 points (May 1988=100), 0.71% higher than in the previous month. The CPI less housing cost is 228.2 points, 0.35% lower than in May.

Owner occupied housing cost rose by 2.4% (0.38%); the effect of higher market prices of houses was 0.49% and of lower average real mortage rates -0.11%. Groceries' prices rose by 1.5% (effect on the CPI 0.24%).

The CPI in June 2005 is 2.8% higher than in June 2004 and the CPI less housing cost is 0.2% lower than in June 2004. The CPI rose by 0.4% over the last three months equivalent to an annual inflation of 1.5% (CPI less housing cost: 2.1% deflation). 

The credit term index in July 2005 is 242.4 points. The old credit term index is 4,786 points in July 2005.


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