Hashtag: #ConsumerPriceIndex

March 2022 Consumer Price Index Report

March 2022 Consumer Price Index Report

“Consumers paid 2.5% more in March than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI]” and “this level of inflation was the same as the February 2022 annual inflation rate of 2.5%.” This is according to the March 2022 Consumer Price Index publication from the Department of... Read more of this article

Minister: CPI, Methodology & Inflation Rate

Minister: CPI, Methodology & Inflation Rate

Minister for Economy and Labour Jason Hayward provided an overview of the Consumer Price Index [CPI], the methodology behind its calculation and Bermuda’s rate of inflation in the House of Assembly today [June 17]. The Minister said, “This House will be aware of recent comments in the media about inflation in other parts of the world and the... Read more of this article

Video: BNV With Minister Jason Hayward

Video: BNV With Minister Jason Hayward

Minister of Economy and Labour Jason Hayward will be joining Bernews at 8.00pm on Thursday [June 16] for the latest episode in the Bernews News & Views series, with Minister Hayward set to discuss the Consumer Price Index/Inflation.If you have a question you would like asked, you can do so while the video is live by leaving a comment on the live... Read more of this article

February 2022 Consumer Price Index Report

February 2022 Consumer Price Index Report

Consumers paid 2.5% more in February than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI]. Minister of Economy and Labour Jason Hayward said, “The Transport & Foreign Travel sector continued to be the most significant contributor [+9.4 per cent] to the twelve-month increase in the CPI. On average,... Read more of this article

January 2022 Consumer Price Index Report

January 2022 Consumer Price Index Report

Consumers paid 2.5% more in January 2022 than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI] A Government spokesperson said, “The Ministry of Economy and Labour released the January 2022 Consumer Price Index from the Department of Statistics. Consumers paid 2.5% more in January 2022 than they... Read more of this article

December 2021 Consumer Price Index Report

December 2021 Consumer Price Index Report

Consumers paid 2.7% more in December than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI]. A Government spokesperson said, “On Thursday, the Minister of Economy and Labour, the Hon. Jason Hayward, JP, MP, released the December 2021 Consumer Price Index publication from the Department of Statistics. The... Read more of this article

November 2021 Consumer Price Index Report

November 2021 Consumer Price Index Report

Consumers paid 2.8% more in November than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI]. A Government spokesperson said, “Today, the Minister of Economy and Labour, the Hon. Jason Hayward, JP, MP, released the November 2021 Consumer Price Index publication from the Department of Statistics. The... Read more of this article

October 2021 Consumer Price Index Report

October 2021 Consumer Price Index Report

Consumers paid 2.5% more in October than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI]. A Government spokesperson said, “The Ministry for the Cabinet Office released the October 2021 Consumer Price Index [CPI]. In summary, during October 2021 consumers paid 2.5% more than they did in October 2020... Read more of this article

September 2021 Consumer Price Index Report

September 2021 Consumer Price Index Report

Consumers paid 2.2% more in September 2021 then they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI]. A Government spokesperson said, “The Ministry for the Cabinet Office released the September 2021 Consumer Price Index [CPI] from the Department of Statistics. In summary, during September 2021 consumers... Read more of this article

OBA Leader: Inflation Figures ‘Don’t Add Up’

OBA Leader: Inflation Figures ‘Don’t Add Up’

[Updated] The inflation figures presented by the Cabinet Office “just don’t add up,” Opposition Leader Cole Simons has asserted, saying that reports indicate inflation in the US was 6.2% and 4.2% in the UK and since “Bermuda is totally dependent on imported goods”, he has questioned how Bermuda’s 1.6% was calculated. Mr.... Read more of this article

August 2021 Consumer Price Index Report

August 2021 Consumer Price Index Report

Consumers paid 1.6% more in August 2021 then they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI]. A Government spokesperson said, “The Ministry for the Cabinet Office released the August 2021 Consumer Price Index [CPI] from the Department of Statistics. “In summary, during August 2021 consumers paid... Read more of this article

July 2021 Consumer Price Index Report

July 2021 Consumer Price Index Report

Consumers paid 2.2% more in July 2021 than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI] and this level of inflation rose 1.0 percentage point from the June 2021 annual inflation rate of 1.2%. A Government spokesperson said, “Today, the Ministry for the Cabinet Office released the July 2021 Consumer... Read more of this article

June 2021 Consumer Price Index Report

June 2021 Consumer Price Index Report

Consumers paid 1.2% in June 2021 than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI] and this level of inflation was marginally down from the May 2021 annual inflation rate of 1.4%. A Government spokesperson said, “Today, the Ministry for the Cabinet Office released the June 2021 Consumer Price... Read more of this article