Antigua and Barbuda Records Lower Inflation in Early 2025 Compared to 2024

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Lower Inflation in Early 2025 Compared to 2024

Consumer Price Index (CPI)  March-2025 

St John’s Antigua, July 2, 2025. The Statistics Division, under the Ministry of Finance and Corporate Governance releases the CPI for Mar 2025 

Year-on-Year Analysis 

The Consumer Price Index (CPI) increased by 4.3% over the twelve months ending March 2025. Inflation during the first quarter of 2025 rose at a  slower rate compared to the same period in 2024, reflecting a continued stabilization in prices following the economic impact of COVID-19 and the  Russia-Ukraine conflict. 

The Food Index rose by 0.4% over the year, with mixed movements across categories. The Fruit Index increased by 5.0%, driven by a 23.9% rise in  Frozen, Preserved, or Processed Fruit and Fruit-based products. Bread and Cereals rose 3.7%, Meat and Meat Products (+3.2%), Food products Not  Elsewhere Classified (NEC) (+2.7%), and Sugars, Jams, Honey, Chocolate, and Confectionery (+2.6%). 

In contrast, Oils and Fats declined by 10.8%, with average prices falling for I Can’t Believe It’s Butter ($22.76 to $16.77), Peanut Butter ($16.06 to  $15.07), Soya oil ($9.78 to $8.16), and Olive Oil ($40.35 to $39.44). The Fish and Seafood Index also declined, with Frozen Fish prices falling from  $22.80 to $16.57, Canned Tuna in water from $5.41 to $4.64, and Canned Tuna in Oil from $5.16 to $4.45. 

Core inflation, measured by the index for All Items Less Food and Energy, rose by 4.8%. The main contributors were increases in Miscellaneous  Goods and Services and Restaurants and Hotels both recorded increases over 14.0%, followed by Health (+10.5%), Alcoholic Beverages, Tobacco and  Narcotics (+8.4%), and Actual Rentals for Housing (+6.3%). 

Month-to-Month Price Changes 

In March 2025, the Monthly Consumer Price Index (CPI) declined by 1.6% compared to February 2025, driven primarily by a decrease in the  Transport Index (-11.0). The Food and Non-Alcoholic Beverages Index also fell by 0.5%, as both its components declined. 

The Food Index dropped 0.5%, with prices decreasing in six of the nine major supermarket food groups. Notably, the Fish and Seafood Index declined  3.1%, reflecting lower prices for Frozen Fish ($19.21 to $16.57) and Sardines in Water ($4.71 to $4.62). The Oils and Fats Index fell 2.7%, with  reductions in the prices of I Can’t Believe It’s Butter ($18.72 to $16.77) and Peanut Butter ($16.08 to $15.07). Further declines were recorded in Milk,  Cheese and Eggs (-1.9%) and Bread and Cereals (-1.3%). 

In contrast, prices rose for Food Products NEC (+3.5%) and Sugars, Jam, Honey, Chocolate, and Confectionery (+1.7%). The Non-Alcoholic Beverages Index declined 0.5%, with three of its four subcategories recording decreases. 

The All Items Less Food and Energy Index fell 2.0%, mainly due to lower airline fares and a reduction in the Alcoholic Beverages, Tobacco, and  Narcotics Index. 

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6 COMMENTS

  1. Looking good, I take it the naysayers will continue to dismiss the data. Sad they only believe it when its fits their negativity narrative

  2. I do not give 2 shit about CPI, things are more expensive than last year. You people always try to bamboozle us with figures but when we go shopping that is not the reality. You go to the supermarket this week and a basket of goods cost a certain amount, buy the exact items next week it cost a few dollars more, you people think we are f’ing stupid or something

  3. More utter tripe and offal coming out of the mouths of these duplicitous political basket cases (better known as Gaston Browne and his 7 dwarfs).

    They keep talking nonsense, and we keep on paying for the high costs of living that continues to eat away at any disposable income that Antiguans may – or may not – have.

    Many are having to cut their cloth (or even go without to feed their children) to survive the ever growing price hikes and price gouging.

    Living under the lying tongues of the ABLP is so difficult for many, but Antiguans have eyes and witness empty pockets, empty food cupboards and even more empty financial promises.

    There must come a time when politicians are held accountable for MISLEADING Antiguans.

    I’ll tell what CPI really stands for: Control Politicians Idiocy

    Gaston Browne’s nose soon longer than pinocchio’s

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