Cost of living measured by Consumer Price Index for all commodities, increased by 2% in the first quarter of March 2005, compared to a 2.3% increase in 2004. Energy prices were the main drivers of index, as energy products increased by massive 5.9% in March 2005 compared to just 2.4% in 2004. Processed foods experienced the second highest increase of 2.8% in March 2005 against 3.6% in 2004. For the entire Euro region, core inflation remained stable at 2% in 2004.
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Source IIPM-Editorial,2006
For Complete IIPM-Article, Click IIPM Best B-School
Source IIPM-Editorial,2006
