Site Help?

Latest Indicators

Estimated Gross Domestic Product:
3.8%, Jan - Mar 2022 / Jan - Mar 2021
Gross Domestic Product Actual:
4.0%, Dec 2021
Average Consumer Price Index (CPI):
9.5%, Dec 2022 / Dec 2021
Census Population:
71,105, as of Oct 2021
2021 Life Expectancy at birth:
82.1
2021 Life Expectancy at birth - Male:
80.4
2021 Life Expectancy at birth - Female:
83.7
Estimated Population:
81,546, Year-End December 2022
Unemployment Rate:
2.1%, as at December 2022
Merchandise Imports ($):
17.8% Jul - Sep 2022 / Jul - Sep 2021
Balance of Payments Current Account Deficit % GDP:
13.6% of GDP, Dec 2021
Tell us what you think
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