Consumer Price Index (CPI) for December 2005
The Consumer Price Index numbers for December 2005 are out:
Consensus: 0.1%
Actual: -0.1%
Here are the numbers when food and energy are subtracted from the equation:
Consensus: 0.2%
Actual: 0.2%
The above numbers represent the month-to-month change in prices for a specific group of goods and services that consumers buy, and is, therefore, a very important part of the overall inflation picture for the country. The "consensus" is what economists were expecting, and the "actual" is...well...the actual figure. General categories are:
- Healthcare
- Housing
- Clothing
- Communications
- Education
- Transportation
- Food & Beverages
- Recreation
- Miscellaneous Goods & Services (grooming expenses, etc.)
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