September 16,2019
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Projected Gross Domestic Product:
3.0%, Mar 2019 / Mar 2018
Gross Domestic Product Actual:
3.0%, Dec 2017 / Dec 2016
Consumer Price Index (CPI):
3.4 %, June 2019 / June 2018
Total Population:
68,076, as of Spring 2019
Unemployment Rate:
3.0%, as at Spring 2019
Merchandise Imports ($):
10.4% June2019 / June2018
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%).