Consumer Price Index (CPI) September-2023
St John’s Antigua, November 15, 2023.
The Statistics Division, under the Ministry of Finance and Corporate Governance releases the CPI for Sep 2023
Year-on-Year Analysis
The Inflation rate or the All Items Index for the twelve months ending September 2023 rose 5.6%.
The increase was influenced predominately by increases in the indexes for Communication (+13.1%), Transport (+7.5%), and Food and Non-Alcoholic Beverages (+4.5%).
The index for Food increased 4.5% over the last twelve months.
The index for Bread and Cereals rose by 8.2% and accounted for almost 30% of the food increase.
The increase in Bread and Cereals was primarily due to increases in the indexes for for Other Cereals, Flour, and Other Products (+19.4%) and Other Bakery Products(+ 8.7%).
The index for Other Cereals, Flour and Other Products, and Other Bakery Products accounted for 91% of the Bread and Cereal index increase.
The index for Vegetables rose 4.3% with the index for Frozen Preserved or Processed Vegetables and Vegetable-based Products rising 9.0%.
The index for Meat and Meat Products declined 5.0%. Five of the six Meat and Meat Products subcategories declined except for the Pork index which increased 13.4%.
The remaining subcategories’ declines range from Delicatessen and Other Meat Preparations (-2.6%) to Lamb, Mutton and Goat (- 13.5% ).
The index for All Items Less Food and Energy index rose 6.9% over the past twelve months. The four influential contributors to the All Items Less Food and Energy increase are the indexes for Communication (+13.1%), Restaurants and Hotels (+14.4%), Miscellaneous Goods and services (5.3%) and Furnishing Household Equipment and Routine Household Maintenance (+5.2%).
Month-to-Month Price Changes
The Monthly Consumer Price Index declined by 0.9% for the month ending September 2023.
The index for Food increased by 2.5% over the last month. Six of nine food sub-categories posted increases over the one month. Notable increases were Fruits (+12.0%), Vegetables (+6.0%) Fish and Seafood (+3.0%), and Sugar Jam Honey, Chocolate and Confectionery (+2.1%). The remaining indexes ranged from Oil and Fats (+0.3%) to Bread and Cereals (+1.3%).
In contrast, the index for Meat and Meat Products declined by 1.9%. This follows a 1.2% decline in the previous month. The index for Milk, Cheese and Eggs remained unchanged.
The index for Non-Alcoholic Beverages rose 1.4% in September after a 0.5% increase in the previous month. The increase was attributed to increases in the index for Mineral Water (+2.5%) and Coffee, Tea and Cocoa (+ 6.0%).
The index for All Items Less Food and Energy fell by 1.8% in September. The decline was largely attributed to the 14.3% decline in index Transport Services.
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Up and up the CPI goes, the cost of living in Antigua is so expensive and continually rising. I thought the predictions of tenman and From The Sideline (last month) said it would fall.
As I said last month that PREDICTIONS were not FACTS!
Absolute jokers, the two of them!!🃏 🃏
It will take time…
If the UPP,formed the Administration and had the same issue.Would you be saying.It will take time.You Gastonites are such hypocrites.
Brix I know you are powerful, but please when you said that I predict something please copy and paste my comments here for proof. In anyway. Price rise or inflation is a worldwide phenonemon. Antigua import inflation. It’s not in our hands. And it is forcasted that fuel prices will rise once again with the war between Israel and Hamas. The world has been in a crisis since Covid. But you guys seems to want to blame it on Gaston. Yes we call him the World Boss, but he certainly doesn’t control the world. Not even Biden does as we have seen . He is trying everything to keep fuel prices down, but the OPEC countries have not listen to him. If you are in the shipping business you would know how the shipping rates have more then doubled over the past years. But as usual all you do is blame Gaston Browne.
I work for a shipping company and I see this every single day. At one point a container out of China was as much as $ 16,000.00 USD. For people who don’t know and have not educated themselves of these things listen to all sorts of rhetoric!
Inflation is worldwide, my friend. All these wars and pandemics cause for shortage of goods. Freight has increased globally.
How much were you promised for this garbage? Anyway, Christmas is just over a month away or you prefer to wait till November 1. You would’ve seemed really intelligent if you had said nothing. Wars and pandemics must be happening in Antigua only because St.kitts and Nevis are getting their annual double salaries and bonuses and they are not even nearly an ECONOMIC POWERHOUSE.
I had a friend here from Barbados and he could not believe how reasonable the prices in Antigua are. And that was confirmed by my friend whose grand children study in Barbados. They are catching hell with the high prices and taxes. VAT.
Another friend just came from St. Thomas and said Antigua is really blessed. Sh said you guys do not know how good you really have it.
@Dave Bray. That is why spending 4million dollars to win an election which you still lost and spending millions on something that don’t “trouble” you, Alpha Nero, should be condemned by right thinking people. Where are you???
Now it’s 4million. It thought you guys said ABLP spend 5 million.
Indeed!
@ Brixtonian
It seems Antigua is a cursed country. Prices began to fall internationally about 4-6 months ago except in Antigua.
Gaston has no clue, no policy, so sense of what to do to alleviate the pain and suffering of poor people in the country, once he and his minions living life to the fullest.
Thos is a world problem, not an Antigua problem!
@Hmmmmmmmmmmm? I hope when you all start dropping dead you will be singing the same tune. Why are so damn wicked? Do u know the amount of people in this country that is suffering? Diabetic patients cannot afford the proper foods they are supposed to eat to keep them alive. Some of you are horrible. Because you are living sweet you don’t give a shit about anyone else. STFU.
@ Can’t stand wicked and badminded humans
You hit the nail on the head.
People like them Hmmmmmmm? drinking from the trough with their many board and loyalty fees. They have no idea of the pain and suffering poor Antiguans going through. Not even during 1971 has things been so bad in Antigua. Antigua rough, Antigua hard and they talking bout its a world problem. However when the financial crisis hit the world during 2007-2009 all the wicked ABLP supporters including the man Hurst who runs the PDV, jump down UPP throat and blame them for the hardship being experienced.
Bunch of hypocrites.
For your information. I don’t work for the publ8c sector and I have never gotten anything from any government red, blue or otherwise. I have worked my ass off. Thank God.
Most importantly ” The Monthly Consumer Price Index declined by 0.9% for the month ending September 2023″
Moving in the right direction
@Tenman. As computed by who? You, Gaston and Max Hurst???
🤣🤣🤣 Nice one Zackie 👍🏾
This to be blamed by all of us ….we need to vote for country I instead of colour it’s getting us nowhere….
#Community_Farming is very much needed, Antigua. The benefits are healthy all around.
Putting, the three basic staples, of HUEman living, food, shelter, clothing in proper perspective goes a long way, especially, in a place like Antigua, Barbuda & REDONDA where most of what consumers consume are imported. Therefore, the slightest change/disruption in world markets will definitely, affect the Nation adversely.
The lack of vision(s), by those responsible for guiding/navigating the Nation, through such rough weather is very evident, when all they do, is blame the #Bumbling_Bureacrats statistical data(s) which are usually fabricated, to fit their agendas.
Jumbee_Picknee aka Ras Smood
De ‘ole Dutty Peg🦶🏿Garrat_Bastard
Vere C. Edwards
“The annual inflation rate for the United States was 3.2% for the 12 months ended October, compared to 3.7% previously, according to U.S. Labor Department data published on Nov. 14, 2023. The next update on inflation is scheduled for release on Dec. 12 at 8:30 a.m. ET. It will provide information on the rate of inflation for the 12 months ended November 2023.”
How does price increase in Antigua equates to an ALP issue when the very source market from where most of your consumer goods come from is witnessing inflation. Dont you people understand the terminology cost push inflation and why we say the inflation rate in Antigua is imported.
These are political hacks. They do nothing else then poisoning the minds of those that cannot think for themselves. They have four more year to do that, and then we will beat them again and it will go on and on. Untill they learn how to really run an opposition political party and not just oppose for opposing sake.
If it’s happening around the world, what we expect to happen in Antigua ,where we import 99.9% of what we use here
Exactly… Everybody is so climatized by the US and European way of living that we can’t even plant a fruit tree… Sadness!
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