September 16,2019
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Projected Gross Domestic Product:
3.3%, 2018 / 2017
Gross Domestic Product Actual:
3.0%, Dec 2017 / Dec 2016
First Quarter Consumer Price Index (CPI):
4.5 %, March 2019 / March 2018
Total Population:
65,813, as of Fall 2018
Unemployment Rate:
2.8%, as at Fall 2018
Merchandise Imports ($):
11.2% March 2019 / March 2018
Balance of Payments Current Account Deficit (EST) % GDP:
32.1%, Dec 2017
Home / News / Consumer Price Index Posts Modest Increase in the First Quarter

Consumer Price Index Posts Modest Increase in the First Quarter

"The Consumer Price Index (CPI) for the quarter ending March 2012 increased marginally by 0.1 percent compared to the quarter ending March 2011."

The Consumer Price Index (CPI) for the quarter ending March 2012 increased marginally by 0.1 percent compared to the quarter ending March 2011. This is despite significant price movements for transport (6.4%), food & non-alcoholic beverage (5.3%) and clothing and footwear (3.6%).



⫿The downward pressure to inflation arose from the housing price index which declined anew by 3.9,??? noted the Hon. Premier and Minister of Finance, Mr. McKeeva Bush.



Meanwhile, the increase in the transport index is traced to higher fuel prices along with higher purchase price of vehicles.



The cost of food and non-alcoholic beverages went up by 5.3 percent resulting from increases in a number of groups led by fish and seafood (11.0%), oils and fats (9.3%), fruits (8.8%) and mineral water, soft drinks, fruits and vegetable juices (7.1%).