Hashtag: #ConsumerPriceIndex
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
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
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
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
May 2021 Consumer Price Index Report
Consumers paid 1.4% more in May 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 0.5 percentage points from the April 2021 annual inflation rate of 0.9%. A Government spokesperson said, “Today, Minister for the Cabinet Office, the Hon. Wayne L. Furbert, JP,... Read more of this article
April 2021 Consumer Price Index Report
Consumers paid 0.9% more in April 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 0.1 percentage points from the March 2021 annual inflation rate of 0.8%. A Government spokesperson said, “Today, Minister for the Cabinet Office the Hon. Wayne L. Furbert,... Read more of this article
March 2021 Consumer Price Index Report
Consumers paid 0.8% more in March 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 0.6 percentage points from February 2021 annual inflation rate of 0.2%. A Government spokesperson said, “Today, Minister for the Cabinet Office Wayne L. Furbert, JP, MP, released... Read more of this article
February 2021 Consumer Price Index Report
Consumers paid 0.2% more in February 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 from the January 2021 annual rate of negative 0.3%. Minister for the Cabinet Office Wayne Furbert said, “The health and personal care sector was the largest contributor... Read more of this article
January 2021 Consumer Price Index Report
Following a 0.3% increase in annual inflation for December 2020, consumers paid -0.3% less 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, Minister for the Cabinet Office the Hon. Wayne L. Furbert, JP, MP, released the January 2021 Consumer Price Index... Read more of this article
December 2020 Consumer Price Index Report
After five consecutive months of negative annual inflation, consumers paid 0.3% more 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 for the Cabinet Office the Hon. Wayne L. Furbert, JP, MP, issued the December 2020 Consumer Price Index [CPI]... Read more of this article
‘Annual Rate Of Inflation Remains Negative’
“The annual rate of inflation remains negative for a fifth consecutive month,” according to the newly released Consumer Price Index [CPI] from the Department of Statistics. A Government spokesperson said, “The Minister for the Cabinet Office Wayne Furbert released the November 2020 Consumer Price Index [CPI]. Minister Furbert said, “In November... Read more of this article
‘Annual Rate Of Inflation Remains Negative’
“The annual rate of inflation remains negative for a fourth consecutive month,” according to the newly released Consumer Price Index [CPI] from the Department of Statistics. A Government spokesperson said, “Today, the Minister for the Cabinet Office the Hon. Wayne L. Furbert, JP, MP, released the October 2020 Consumer Price Index [CPI] publication... Read more of this article
‘Annual Rate Of Inflation Remained Unchanged’
“The annual rate of inflation remained unchanged from the previous month,” according to the newly released Consumer Price Index [CPI] from the Department of Statistics. A Government spokesperson said, “Minister for the Cabinet Office the Hon. Wayne L. Furbert, JP, MP, released the September 2020 Consumer Price Index [CPI] publication from the... Read more of this article
‘Second Period Of Negative Inflation For Year’
“August 2020 marks the second period of negative inflation for the year,” according to the newly released Consumer Price Index [CPI] from the Department of Statistics. Minister for the Cabinet Office Wayne Furbert explained, “In August 2020 consumers paid 0.7 per cent less than they did for the CPI basket of goods and services in August... Read more of this article
‘First Period Of Negative Inflation Since 1965′
July 2020 marks the first period of negative inflation since March 1965, according to the newly released Consumer Price Index [CPI]. Minister for the Cabinet Office Wayne Furbert said, “In July 2020 consumers paid 1.4 percent less than they did for the CPI basket of goods and services in July 2019. Between June 2020 and July 2020 the average cost... Read more of this article
June Marks Second Period Of No Inflation
“June 2020 marks the second year-over-year period of no inflation for 2020,” according to the recently released Consumer Price Index [CPI]. Minister for the Cabinet Office Wayne Furbert said, “In June 2020 consumers paid the same as they did for the CPI basket of goods and services in June 2019. Between May 2020 and June 2020 the average cost... Read more of this article
