September 16,2019
Upcoming Reports: 2nd Quarter CPI; 1st Quarter Economic Report; 2nd Quarter Trade Bulletin
More News

Site Help?

Latest Indicators

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 Second Quarter

Consumer Price Index Posts Modest Increase in the Second Quarter

"The Consumer Price Index (CPI) for the quarter ending June 2012 increased by 0.9 percent compared to the quarter ending June 2011."

The Consumer Price Index (CPI) for the quarter ending June 2012 increased by 0.9 percent compared to the quarter ending June 2011. This is mainly due to increases in the indices for clothing and footwear (5.4%), food and non-alcoholic beverages (3.8%) and transportation (3.4%).

⫿The upward movement in inflation resulted from increases across these major divisions,??? noted the Hon. Premier and Minister of Finance, Mr. McKeeva Bush.

The cost of food and non-alcoholic beverages resulted from upward movements in all sub-groups, led by fish and seafood (10.7%), oils and fats (7.9%) and sugar, jam, honey, chocolate and confectionery (6.7%) and fruit (6.4%).

Meanwhile, transport increase was due to the average cost of transport services (5.9%), cost to purchase vehicles (5.0%) and the cost of operation of personal transport equipment (1.9%).