{"id":260047,"date":"2025-12-02T11:34:35","date_gmt":"2025-12-02T15:34:35","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=260047"},"modified":"2025-12-02T12:15:06","modified_gmt":"2025-12-02T16:15:06","slug":"antigua-and-barbuda-records-annual-drop-in-consumer-prices-driven-by-cheaper-airfares","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-records-annual-drop-in-consumer-prices-driven-by-cheaper-airfares\/","title":{"rendered":"Antigua and Barbuda Records Annual Drop in Consumer Prices Driven by Cheaper Airfares"},"content":{"rendered":"
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Consumer Price Index (CPI)<\/strong><\/p>\n\n\n\n

The Statistics Division, under the Ministry of Finance and Corporate Governance releases the CPI for Aug 2025<\/p>

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Year-on-Year Analysis<\/strong><\/p>

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The Consumer Price Index declined by 1.4%<\/a> for the twelve months ending August 2025<\/a>. <\/p>\n\n\n\n

The overall decline was largely <\/a>attributed to declining average prices in the categories Transport, Furnishings, Household Equipment, and Routine Household Maintenance<\/a>. \u00a0<\/p>

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The index for Transport Services fell 28.7%, attributed to a large decline in the average price of airline fares, primarily to Barbados, over the one-year period.<\/p>\n\n\n\n

The average fare declined from $4,037.31 to $1,328.56.   The index for Furnishings, Household Equipment, and Routine Household Maintenance fell 2.9%.<\/p>

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The two largest contributors to the decline were the indexes for Furniture and Furnishings, Carpets and Other Floor Coverings, which declined by 7.4% and the index for Glassware, Tableware and Household Utensils fell by 5.9%. <\/p>

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  The index for Food increased by 1.1%. The Index for Vegetables, Fruits and Meat and Meat Products were the largest contributors to the increase in the Food index.<\/p>\n\n\n\n

In the Vegetable category, all three sub-categories recorded increase, with the index for Frozen, Preserved or Processed Vegetables and Vegetable-based Products recording the largest increase of 7.2%.<\/p>\n\n\n\n

Within the category for Fruits, the index for Frozen, Preserved or Processed Fruit and Fruit-based Products increased by 17.8%.   The index for All Items Less Food and Energy declined by 2.1%. <\/p>\n\n\n\n

This decline was influenced by the reductions in the Transport Services, Furnishings, Household Equipment and Routine Household Maintenance and Clothing & Footwear.<\/p>\n\n\n\n

  Month-to-Month Price Changes<\/strong><\/p>\n\n\n\n

In August 2025, the Monthly Consumer Price Index (CPI) declined by 0.3% compared to July 2025, driven primarily by a decrease in the Index for Actual rentals for housing (-1.2) and Food and Non-Alcoholic Beverages (-0.4%).  <\/p>\n\n\n\n

The Food Index declined marginally by 0.8%, with prices decreasing in six of the nine major supermarket food groups. <\/p>\n\n\n\n

The Fruit index fell 9.5%, while the index for Meat and Meat Products decreased by 5.1%.<\/p>\n\n\n\n

The Bread and Cereals index declined by 1.9%.   In contrast, prices rose for Oils and Fats (+6.3%), Vegetables (+4.4%) and Fish and Sea Food (+1.9%).  <\/p>\n\n\n\n

The All Items Less Food and Energy Index similarly had a marginal decrease of 0.2%, mainly due to a reduction in the Indexes for Actual Rentals for Housing index (-1.7%), Alcoholic beverages, tobacco and narcotics (-0.3%) and Furnishings, Household Equipment, and Routine Household Maintenance (0.1%). <\/p>\n\n\n\n

The reduction offset the increases in the indexes for Clothing and Footwear (+0.9%), Transport Services (+0.5%) and Miscellaneous Goods and Services (+0.5%).<\/p>\n\n\n\n

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CLICK HERE TO JOIN OUR WHAT\u2019S APP GROUP Consumer Price Index (CPI) The Statistics Division, under the Ministry of Finance and Corporate Governance releases the CPI for Aug 2025 Year-on-Year Analysis The Consumer Price Index declined by 1.4% for the twelve months ending August 2025. The overall decline was largely attributed to declining average prices […]<\/p>\n","protected":false},"author":12,"featured_media":251416,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-260047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured"],"yoast_head":"\nAntigua Barbuda Drop in Consumer Prices Explained - Antigua News Room<\/title>\n<meta name=\"description\" content=\"Explore the Antigua Barbuda drop in consumer prices with a 1.4% decline. 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