Log In

Reset Password

Inflation rate edges up to 0.9%

Consumers paid more for goods and services in December, than they did in the same month in 2017.

The Consumer Price Index rose 0.9 per cent, year-on-year.

The inflation rate edged up to 0.9 per cent in December, an increase of 0.1 of a percentage point compared with November.

Year-on-year there was a 3 per cent increase in the health and personal care sector, a 2.9 per cent increase in the food sector, and a 1.4 per cent increase in the education, recreation, entertainment and reading sector.

In December, there was a 0.3 per cent increase in the tobacco and liquor sector, the rent sector was up 0.1 per cent, and the education, recreation, entertainment and reading sector was up 0.3 per cent,

The food sector had a 0.1 per cent decrease, and there was a decline of 0.3 per cent in the transport and foreign travel sector, and a 1.8 per cent drop in the fuel and power sector.

All other sectors were unchanged for the month. The data was compiled by the Bermuda Government Department of Statistics.

Click on Related Media to read the CPI bulletin

Retail trend: the price of food in Bermuda was 2.9 per cent higher in December compared to the same month in 2017 (File photograph)

You must be Registered or to post comment or to vote.

Published March 14, 2019 at 1:31 pm (Updated March 14, 2019 at 1:31 pm)

Inflation rate edges up to 0.9%

What you
Need to
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon