Hashtag: #ConsumerPriceIndex

Inflation in Bermuda Dips to 3%

Inflation in Bermuda dipped slightly in October, dropping to 3 percent from the 3.4 percent recorded in September according to figures released by the Statistics Department today [Dec 7]. The September figure had represented the highest recorded rate since February, 2009 — when inflation stood at 4.4 percent. The Health & Personal Care sector... Read more of this article

Inflation Rate Jumps to 3.4%

Bermuda consumer price inflation jumped 3.4 percent on a year-over-year basis in September, putting inflationary concerns firmly on the radar of newly-installed Premier and Finance Minister Paula Cox. This was the highest recorded rate since February, 2009 when inflation stood at 4.4 percent. A report released by the Department of Statistics today ... Read more of this article

June 2010 Consumer Price Index

Consumers paid 2.6% more in June 2010 than they did a year ago for the CPI basket of goods and services. However, this rate of inflation was slightly lower than the 2.8% measured a month ago. Between May and June of 2010, the average cost of goods and services in the Consumer Price Index fell 0.1%. The all-items index declined from the 113.5 index points... Read more of this article

May 2010 Consumer Price Index

Consumers paid 2.8% more in May 2010 than they did a year ago for the basket of goods and services included in the Consumer Price Index. The all-items index decreased from 113.9 to 113.5 index points in May. This means that the basket of goods and services that cost $100.00 in April 2006 now cost $113.50. Although many sectors rose, the Tobacco and... Read more of this article

April’s Consumer Price Index

April’s Consumer Price Index [CPI] shows some interesting ups and downs. If you stayed away from lamb chops, pastas, and fresh fruit then your groceries should have gone up only 0.2 percent in April. Those items went up 5.0 percent, 3.8 percent, and 3.4 percent, respectively. There was a 0.5 percent rise in rents in rent-cotrolled properties,... Read more of this article