Consumer price index statbel average cost of fuel 2015

Prices of electricity have increased on average by 3.0 %. Domestic heating oil, calculated based on a smoothed 12-month moving average, cost on average 2.1 % more this month. Installing a gas fireplace insert cost prices of alcoholic beverages have gone up on average by 1.9 %. Travels abroad were on average 1.5 % more expensive than last month. Prices in r estaurants and cafés have increased by 0.4 %.

Inflation is now running at 2.78 %, compared to 2.75 % in october and 2.35 % in september. Inflation based on the health index amounted to 2.48 % this month compared to 2.29 % in october and 1.91 % in september. Inflation without energy increased to 1.66 % in november, from 1.52 % in october and 1.49 % in september. Estimate gas cost moving truck core inflation, which does not take into account price evolutions of energy products and unprocessed food, stands at 1.63 % in november, against 1.40 % in october and 1.34 % in september.

Food inflation is now running at 1.94 %, compared to 2.63 % last month and 2.44 % in september. Fresh fruit now costs 3.2 % more than in november 2017. Fresh vegetables prices are also on the rise: 3.4 % on an annual basis. Fish and shellfish are 3.6 % more expensive than a year ago. Prices have increased by 2.6 % for non-alcoholic beverages and by 2.8 % for alcoholic beverages. Tobacco prices have gone up by 6.2 % compared to november last year. Travel gas cost energy inflation is now running at 12.58 %, compared to 13.75% in october and 9.87% in september. Electricity is now 10.6 % more expensive than a year ago. Natural gas is 18.1 % more expensive than in november last year. Prices for domestic heating oil, calculated based on a smoothed 12-month moving average, have increased by 17.8 % in one year. Motor fuels are 10.4 % more expensive than last year. Cost of gas in germany today inflation for services has gone up to 2.11 % from 1.53 %. Inflation for rents has slightly decreased and now stands at 0.96 %, compared to 1.02 % in october.

The consumer price index is an economic indicator whose main task is to objectively reflect the price evolution over time for a basket of goods and services purchased by households and considered representative of their consumer habits. The index does not necessarily measure the price level of this basket for a specific period of time, but rather the fluctuation between two periods, the first one acting as basis for comparison. Moreover, this difference in the price level is not measured in absolute, but in relative terms. The consumer price index can be determined as a hundred times the ratio between the observed prices of a range of goods and services at a given time and the prices of the same goods and services, observed under the same circumstances during the reference period, chosen as basis for comparison. Price observations always take place in the same regions.

Since 2014, the consumer price index has been a chain index in which the weighting reference period is regularly shifted and prices and quantities are no longer compared between the current period and a fixed reference period, but the current period is compared with an intermediate period. By multiplying these short-term indices, and so creating a chain, we get a long-term series with a fixed reference period. Cost of gas per gallon in europe population

Health index: the health index is derived from the consumer price index and has been published since january 1994. The current value of this index is determined by removing a number of products from the consumer price index product basket, in particular alcoholic beverages (bought in a shop or consumed in a bar), tobacco products and motor fuels except for LPG.

Smoothed index: the smoothed index is the arithmetic mean of the health index of the last 4 months. The smoothed index is used as basis for the indexation of retirement pensions, social allowances and some wages and salaries. The indexations of public services wages and social benefits are implemented when the smoothed index reaches a certain value, the so-called central index. When the smoothed index reaches the central index, the benefits increase by 2 % the following month. Round trip fuel cost calculator the wages in the public sector also increase by 2 % two months after the central index was reached.

The central index is a predetermined threshold value against which the smoothed health index is compared. If the central index is reached or exceeded, there is an indexation of the wages and salaries or benefits. This indexation is proportional to the percentage between the old and the new central index. For the public sector and social benefits, the difference between the central indices always amounts to 2 %. Therefore, a 2 % indexation is applied every time the central index is reached. There are also collective labour agreements according to which the difference between the central indices amounts to 1 % or 1.5 %. Price of gas in united states the reaching of a central index then leads to an indexation of 1 % or 1,5 %.