March 2019 Consumer Price Index Report

July 1, 2019 | 8 Comments

Today [July 1], Minister for the Cabinet Office Wayne Furbert released the March 2019 Consumer Price Index publication from the Department of Statistics.

The Minister explained, “In March 2019 consumers paid 1.2 percent more for the CPI basket of goods and services than they did in March 2018. Between February 2019 and March 2019 the average cost of all goods and services rose by 0.4 percent.”

Of the nine sectors in the all items index the largest year-over-year contributors to the March 2019 inflation rate are highlighted below:

  • The Rent sector rose 2.0 per cent.
  • The Food sector rose 2.9 per cent.
  • The Health & Personal Care sector advanced by 2.9 per cent.

The full March 2019 Consumer Price Index follows below [PDF here]:

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Comments (8)

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  1. Onion Peels says:

    This is BEFORE the new taxes kicked in in April.

  2. Triangle Drifter says:

    Here we go. Wait till the financial year 2019- 2020 kicks in with all the new taxes & increases in fees. 25-11

  3. Question says:

    The PLP recession.

  4. Red rose says:

    2.9 per cent increase in food – two and a half times higher than the inflation rate. Sugar tax?

  5. Double S says:

    - The Rent sector rose 2.0 per cent.
    - The Food sector rose 2.9 per cent.
    - The Health & Personal Care sector advanced by 2.9 per cen

    And that is before the PLP introduced either new or higher taxes on each sector mentioned above. Not exactly living up to their campaign promise of reducing the cost of living huh?

  6. Toodle-oo says:

    For over ten years now we’ve had a housing glut . Landlords unable to rent out units and people unable to sell almost to the point of trying to give places away. Hundreds and hundreds of empty places and overall rental prices have actually increased ?

    I think there’s a message there in between the lines.

    • Bs says:

      Yes the message is it’s time to buy!! Got my new home for a reasonable price and not the inflated value that people think their house is worth!!!

      • Toodle-oo says:

        If anyone has any long range confidence in the stability and well being of this island , then yeah , go ahead and buy but that wasn’t the message that I had in mind .

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