Historical Year Data · 2012

CPI: Food in 2012

CPI: Food opened 2012 at 232.21 and closed at 235.68, a +1.49% move for the year. The high of 235.68 was reached on December 1, and the low of 232.14 on February 1.

Open

232.21

2012-01

235.68

12 data points

High

235.68

Dec 1

Low

232.14

Feb 1

Full Year Change

+1.49%

2011 Change

+4.09%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	232.21	232.21	232.21	232.21	+0.00%
Feb	232.14	232.14	232.14	232.14	+0.00%
Mar	232.59	232.59	232.59	232.59	+0.00%
Apr	233.04	233.04	233.04	233.04	+0.00%
May	233.22	233.22	233.22	233.22	+0.00%
Jun	233.68	233.68	233.68	233.68	+0.00%
Jul	233.84	233.84	233.84	233.84	+0.00%
Aug	234.24	234.24	234.24	234.24	+0.00%
Sep	234.40	234.40	234.40	234.40	+0.00%
Oct	234.84	234.84	234.84	234.84	+0.00%
Nov	235.25	235.25	235.25	235.25	+0.00%
Dec	235.68	235.68	235.68	235.68	+0.00%

Events During 2012

2010 European Sovereign Debt Crisis

Deflation

April 2010 – July 2012

Greece's debt revelation in October 2009 triggered a multi-year eurozone crisis that threatened the euro's survival. Greece, Ireland, Portugal, Spain, and Italy required emergency support. Mario Draghi's "whatever it takes" in 2012 ended the acute phase.

2012 Draghi "Whatever It Takes" Moment

Reflation

July 26, 2012

ECB President Mario Draghi's July 26, 2012 speech in London ended the acute eurozone crisis. The commitment, backed by Outright Monetary Transactions, arrested peripheral yield spikes without buying a single bond.