Consumer Price Index: Inflation Dropped 0.2%

September 12, 2015

Consumers paid 1.9% more in July 2015 than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI]. The level of inflation dropped 0.2 percentage points from the 2.1% measured in June 2015, according to the most recent Consumer Price Index.

The report said, “Between June 2015 and July 2015, the average cost of goods and services in the Consumer Price Index fell 0.1%. The all-items index dropped to 100.6 index points in July. This means that the basket of goods and services that cost $100.00 in April 2015 now cost $100.60.

“The Health & Personal Care sector was the largest contributor to the year-over-year increase in the Consumer Price Index, rising 8.3%. The major drivers in this sector are the cost of health insurance, medical care and medicines.

“The Food sector and Household Goods, Services & Supplies sector also had a large impact in the year over-year increase. Price shifts in these sectors were both measured at 2.8%.”

The full July 2015 Consumer Price Index follows below [PDF here]:

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Comments (3)

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  1. Maddog says:

    Oba must go… The country is getting worst..

  2. DONALD says:

    THERE IS MORE THAN ONE WAY TO SKIN A RABBIT.

    It is all about making the best choices and fiscal responsibility

    One of the biggest problems in this country is the DEBT.

    Are there secrets being held back about the way the country spent our tax money.

    Eg. purchase of Gov Vehicles to spent the budget limitations .

    Be warned, there are countries with enormous debt on this planet who have hit rock bottom, some of them have no hope of recovery.

    Is that what you want ?

    There is allot going on behind our backs, because it is all a big secret,
    Eg . how about the PUBLIC DEBT, that is the amount of money not only owed by the government but the amount of money owed by the people of this island to the MONEY LENDERS in the form of mortgages, Car loans Big Construction loans and credit card debt for even food etc.

    Have you ever asked your self how much you paid out for interest and charges for your car once the loan has been satisfied.

    A genuine home owner mortgage is an exception.

    Are we all throwing money away ?

    How much money is leaving this island for useless items.
    Are we taking to many vacations from paradise?
    Are we trying to keep up with the Jones ?
    We don’t need another Hurricane this year !
    we don’t need to have major medical issues !
    We don’t need road accidents !
    We don’t need crime !
    WINTER is coming .

    Remember. A fool and his money are soon parted.

    We do need peace and harmony.

    I ask you how long do you think that we can carry on this way,
    are we becoming another EASTER ISLAND ?

    To the bloggers on Bernews, it is immaterial what name we call our selves ” what matters” are the brilliant recommendations and suggestions being passed along by us all, so much so, that even the negative comments have meaning. If your are hurting, that is no way to live in Paradise. ” Get over it” show the world how resilient we are.
    We Bloggers are like a form of forum among our selves as we hold court on the issues of the day. there are more than one way to skin a Rabbit. We are not the silent majority, we are those who care and where we are going tomorrow.