Just because you are curious. Here are the elements in the NB CPI that are increasing the fastest and decreasing the most in the past two years. Geez, what’s going on with eggs and bread?
Change in the NB CPI – Elements with the biggest increases
May 2011 to May 2013
|
All-items CPI (16)
|
2.1
|
| Homeowners’ home and mortgage insurance | 26.8 |
| Eggs | 23.9 |
| Bakery products | 22.8 |
| Financial services (200212=100) | 20.5 |
| Processed meat | 18.7 |
| Bakery and cereal products (excluding infant food) | 17.2 |
| Water | 14.5 |
| Clothing accessories, watches and jewellery | 14.1 |
| Fresh or frozen beef | 13.9 |
| Cablevision and satellite services (including pay per view television) | 13.9 |
| Telephone services | 13.2 |
| Tobacco products and smokers’ supplies | 11.9 |
| Cigarettes | 11.9 |
| Taxi and other local and commuter transportation services |
11.2 |
| Local and commuter transportation | 11 |
| City bus and subway transportation | 10.7 |
| Butter | 10.6 |
| Meat | 10.2 |
| Communications | 9.9 |
| Household cleaning products | 9.9 |
| Cereal products (excluding infant food) | 9.8 |
And the elements with the steepest declines over two years shown below. Homeowners’ insurance going up, auto insurance going down. Interesting trend in health care – inflation down, meds costs going down – must be the influence of generics? Remember CPI based on household expenditures….
Change in the NB CPI – Elements with the biggest decreases
May 2011 to May 2013
| Prescribed medicines (33) | -15.7 |
| Medicinal and pharmaceutical products | -13.9 |
| Health care goods | -12 |
| Home entertainment equipment, parts and services | -9.5 |
| Furniture | -9 |
| Non-prescribed medicines | -8.5 |
| Non-electrical kitchen utensils, tableware and cookware | -7.5 |
| Gasoline | -7.5 |
| Furniture and household textiles | -6.5 |
| Women’s clothing | -6.2 |
| Health care | -5.1 |
| Recreational equipment and services (excluding RVs) | -5.1 |
| Travel services | -5 |
| Men’s clothing | -4.7 |
| Sugar and confectionery | -4.7 |
| Fresh or frozen chicken | -4 |
| Clothing | -3.8 |
| Energy (25) | -3.2 |
| Passenger vehicle insurance premiums (31) | -2.7 |