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The Consumer Price Index (CPI) based on prices in December 2016 is 439.0 points (May 1988=100) which is 0.14% higher than in the previous month. The CPI less housing cost is 392.7 points, 0.18% lower than in November.The cost of owner occupied housing (imputed rent) rose by 1.6% (effect on the index 0.26%).
The CPI is 1.9% higher in December 2016 than in December 2015 while the CPI less housing cost has decreased by 0.8% from one year ago.
The CPI compiled in the middle of December 2016, 439.0 points, is applicable for indexation purposes in February 2017. The old credit terms index for February 2017 is 8,668 points.
* Annualized rates