NEWS RELEASE PRICES 10 MARCH 2005

The CPI compiled in March 2005 is 241.5 points (May 1988=100), 0.75% higher than in the previous month. The CPI less housing cost is 229.4 points, 0.35% higher than in February.

Winter sales have widely come to an end causing rise in prices of clothing and footwear by 12.2% (effect on the CPI 0.58%). Housing prices rose by 3.3% (0.47%) and prices for petrol and diesel oil rose by 2.7% (0.11%). 

Groceries' prices fell by 2.7% (-0.47%) mainly owing to price war between low price stores in the retail market. 

The CPI in March 2005 is 4.7% higher than in March 2004 and the CPI less housing cost is 2.0% higher. The CPI rose by 1.0% over the last three months equivalent to an annual inflation of 4.3% (CPI less housing cost 1.9% deflation). 

The credit term index in April 2005 is 241.5 points. The old credit term index is 4,768 points in April 2005.

Statistics

Further Information

For further information please contact 528 1100 , email upplysingar@hagstofa.is

Share


Use of this press release is free. Please quote the source.