The Consumer Price Index, which stood at 131.1 in March 2023, registered a net increase of 0.6 point (or +0.5%) to reach 131.7 in June 2023.
On a monthly basis, the CPI decreased by 0.1 point in April, increased by 0.2 point in May and 0.5 point in June 2023.
The main contributors for the net increase in CPI from March 2023 to June 2023 (Table 2) were:
(a) higher prices of fish (+0.1 point), meat (+0.1 point) and some other food products (+0.1 point);
(b) higher prices of cigarettes (+0.4 point), beer and stout (+0.3 point), rum and other cane spirits (+0.2 point) and, whisky (+0.1 point);
(c) higher expenditure in bar (+0.1 point) and higher prices of prepared foods (+0.1 point) and goods for personal care (+0.1 point);
(d) higher prices of some other goods and services (+0.2 point);
partly offset by;
(e) lower prices of vegetables (-0.6 point), gasolene (-0.5 point) and lower interest rates on housing loan (-0.1 point).
CPI_2Qtr23_140723
(b) higher prices of cigarettes (+0.4 point), beer and stout (+0.3 point), rum and other cane spirits (+0.2 point) and, whisky (+0.1 point);
(c) higher expenditure in bar (+0.1 point) and higher prices of prepared foods (+0.1 point) and goods for personal care (+0.1 point);
(d) higher prices of some other goods and services (+0.2 point);
partly offset by;
(e) lower prices of vegetables (-0.6 point), gasolene (-0.5 point) and lower interest rates on housing loan (-0.1 point).
