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Estimated Gross Domestic Product:
8.2%, Jan - Sept 2020 / Jan - Sept 2019
Gross Domestic Product Actual:
6.7%, Dec 2020 / Dec 2019
Average Consumer Price Index (CPI):
1.0%, March 2021 / March 2020
Total Population:
65,786, as of Fall 2020
Unemployment Rate:
5.2%, as at Fall 2020
Merchandise Imports ($):
2.4% Jan - Mar 2021 / Jan - Mar 2020
Balance of Payments Current Account Deficit % GDP:
18.3% of GDP, Dec 2019
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Home / News / Inflation Rate in 2013 Reaches 2.2% reports Cayman ESO

Inflation Rate in 2013 Reaches 2.2% reports Cayman ESO

"The average annual inflation rate in 2013 was recorded at 2.2 percent. This is based on the results of the four quarterly Consumer Price Index Surveys"

The average annual inflation rate in 2013 was recorded at 2.2 percent. This is based on the results of the four quarterly Consumer Price Index Surveys produced by the Economics and Statistics Office last year.

⫿This is the highest yearly inflation rate since 2008??? noted the Hon. Minister for Finance and Economic Development, Mar. Marco Archer. ⫿It shows the impact of higher international prices for some goods such as household equipment, clothing and footwear, as well as the result of policies that affected the prices of tobacco products and health insurance,??? he further stated.

Among the twelve divisions of goods and services comprising the CPI, ten posted increases led by alcoholic beverages and tobacco (9.8%), miscellaneous goods and services (8.5%), household equipment (6.1%) and clothing and footwear (4.8%).



Tags: Inflation Rate, Consumer Price Index Surveys, Cayman ESO