Consumer Prices Index (CPI) and Inflation Rates for the Month of February 2005

Consumer Price Index (CPI) increased by 1.0 per cent from 174.4 points in January 2004 to 176.1 points in February 2005. However, month-on-month overall inflation rate declined from 14.9 per cent in January 2004 to 13.9 per cent in February 2005. During the same period month-on-month underlying inflation rate which excludes food items from the CPI basket also declined from 9.9 per cent to 7.8 per cent.