The Statistics Division, under the Ministry of Finance and Corporate Governance releases the CPI for Jan 2022
The All Items index rose 2.9 % for the twelve months ending January 2022.
The Food index rose 6.4% in January following an increase of 5.4% in December. All of the nine major supermarket indexes increased over the period. The largest was that of the Index for Fruits which rose 18.9% over the year. The index for Sugars, Jams Honey, Chocolate and Confectionery increased 1.4%, the smallest twelve months increase among the groups. The Index for Oils and Fats increased 17.0% while the index for Meat and Meat Products rose 12.1%.
The index for All Items Less Food and Energy increased 2.5% over the past twelve months. The major contributors to this increase include the Index for Miscellaneous Goods and Services (+16.6%), Communication (+10.8%) and Housing, Furnishings, Household Equipment and Routine Maintenance (+7.8). The increase was virtually all groups except for Transport which declined 11.2%.
The Energy Index remained unchanged over the past twelve months with all major components gasoline at the pump, LPG cooking and fuel variation rate (Electricity
Month-to-Month Price Changes
The Monthly Consumer Price Index decreased by 1.6% for the month ending January 2022.
The Food index declined 0.1% in January. The index for Vegetables fell 2.7% and the Meats and Meat Products declined 0.3%. Four of the nine supermarket food groups had a marginal increase of less than 1.0%. The index for Bread and Cereals, and Milk, Cheese, and Egg both increased by 0.4%. The index for Fruits increased 0.5% while the index for Fish and Seafood rose 0.6%.
The index for All Items Less Food and Energy rose 2.3% in January. The index for Miscellaneous Good and Services rose 16.5%, the increase was attributed to increases in the average rate of health insurance. The index for Furnishings, Household Equipment, and Routine Household Maintenance increased 4.7% following an increase of 0.2% in December. The index for Clothing and Footwear rose 4.6% the largest increase since the April 2019 increase of 6.8%.
What is the consumer price index (CPI) measuring and how is it done?
The All Items Consumer Price Index (CPI) is the main measure of what is commonly called inflation, or headline inflation. It measures the change in prices, on average, from month to month, and from year to year of the goods and services bought by most households.
Prices are collected monthly and quarterly from supermarkets and other suppliers of goods and services. The pattern of household expenditure on these goods and services is derived from a regular household budget (or expenditure) survey (HBS). The prices and spending patterns (known as weights) are then combined to calculate the price indices for groups of goods and services and for the All Items index. These indices are based on expenditure patterns in 2006.
The All Items (or overall) index, with all of its twelve (12) component indices, is published each month.
For a detailed account of the methodology used in calculating the CPI, please call the Statistics Division.
Copies of the CPI for Jan 2022 can be accessed on the Division’s official website www.statistics.gov.ag
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Hurry up and vote lmaooo because that’s sooo gonna be a difference
Am excited to see how new season of Antigua is not a real place!!
Lmaoo how stupid do u have to be to be this blind to all this ignorance
I bet Everytime Gaston makes a decision and he second guess himself he’s like
Pssshhh it’s antiguans they done dunce I can get away with it even if am not in power the next person go still get away so why not me
They ain’t gonna do shit but talk then expect some big change if they vote me out and things go still just be the same or worst lmaooo
If I was Gaston that’s how I would think
Y’all ain’t gonna do one dam thing lma
Swoosh swash…..UPP will fix that. No more increases in food prices…
YES, the UPP HAS THE PLAN TO FIX IT!
Where is Gaston’s plan
More to come. Ah we go dead fu hungry in this country.
When pay raise going make that list
Come on Gassy, everyone has some sort of financial limitations, why can’t you give Antiguans a break, and hope of wage rises in the not too distant future.
LOOK AFTER YOUR CITIZENS LIKE YOU LOOK AFTER YOUR FAMILY & FRIENDS!!!
Remember boss man, everyday yu goad donkey, one day he gwine kick yu back …
Mr GEORGES from WIOC said that there was enough fuel in the tanks for six months.
Why did he lie!
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