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Price of clothing & footwear up 0.7%

23 Jan '07
1 min read

The consumer price index in December 2006 rose by 0.3 per cent over November 2006. On a seasonally adjusted basis, the consumer price index in December 2006 went up by 0.4 per cent over previous month.

Compared with the December 2005, the consumer price index in December 2006 was 0.8 per cent higher.

The consumer price index in 2006 rose by 1.0 per cent over 2005. Price of clothing and footwear rose up by 0.7 per cent because of dearer ready-made garments.

The data series on CPI and its major components are seasonally adjusted using the X-12 procedure. Seasonal adjustment is the process of estimating and removing seasonal effects from a time series. Users interested in the underlying price trends could refer to the seasonally adjusted data series.

Department of Statistics, Singapore

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