Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698832192160.pdf (Saint Vincent and the Grenadines)
THE STATISTICAL OFFICE MINISTRY OF FINANCE, ECONOMIC PLANNING ETC.

ST VINCENT AND THE GRENADINES Tel: 784 457 2921, 456 1111 Ext 592/353 Fax: 784 456 2430 Email: svg.stats@mail.gov.vc Website: http://www.stats.gov.vc Vol.

10 No.1 January 2020 August 2018 TABLE OF CONTENTS Page No.

1 Analysis – Table No.


1 Average Retail Price of Selected Items 4 Average Retail Price of Selected Items January 2020 compared 2 With January 2019 5 3 4 5 The Consumer Price Index by main groups 9 The Consumer Price Index contribution to change by Groups 11 Monthly Items by Group 12 Chart No.
1 COICOP Percentage Change for the Month of January 2020 10 * * * i JANUARY 2020 The consumer price index recorded an increase of 0.4 percent for the month of January 2020, compared to a decrease of 0.5 percent for the month of December 2019 (see table 3).

During the month of January 2020, the “All Items” index was recorded at 111.7, compared to 111.3 for the month of December 2019.
Three (3) groups recorded increases during the month, “Housing, Water, Electricity, Gas and Other Fuels” (1.2%), “Food and Non-Alcoholic Beverages” (0.4%) and “Miscellaneous Goods and Services” (0.4%).

Three (3) groups recorded decreases during the period, “Transport” (0.8%), “Hotels and Restaurants” (0.4%) and “Alcoholic Beverages, Tobacco and Narcotics” (0.1%).
Six (6) groups remained unchanged, , “Clothing and Footwear”, “Furnishings, Household Equipment and Household Maintenance”, “Health”, “Communication”, “Recreation and Culture”, and “Education” (See table 3).

“Housing, Water, Electricity.

Gas and Other Fuels” group index recorded the largest increase of 1.2 percent.

This was on account of a 6.1 percent increase in the cost of electricity.
Meanwhile, the index for the group “Food and Non Alcoholic Beverages” increased by 0.4 percent as a result of higher prices for some food items such as pork chops (14.4%), cucumber (14.3%), sweet peppers (6.9%), onions (5.5%), mincemeat (4.8%), english potatoes (4.2%), margarine (2.6%) and chicken leg quarters (2.5%).
1 The “Miscellaneous Goods and Services” group index recorded an increase of 0.4 percent on account of a rise in the rates for health insurance premiums, namely, individual (94.3%) and family of three persons or more (73.1%).

“Transport” group index fell by 0.8 percent due to lower costs for passenger airfares from St. Vincent and the Grenadines to a few destinations, namely, New York (17.7%), Trinidad and Tobago (13.0%) and Toronto (11.6%) and a lower price for a truck tyre which fell by 5.3 percent.
Lower costs for university accommodation fees (21.5%) and a fall in the price of a school meal – rice and chicken (16.7%) were responsible for the 0.4 percent decline in the group index for “Hotels and Restaurants”.

The “Alcoholic Beverages, Tobacco and Narcotics” group index declined by 0.1 percent on account of lower prices for white wine (3.8%) and dry gin (2.0%).

The point-to-point inflation rate stood at 0.3 percent for the month of January 2020 compared to 1.6 percent for January 2019.
The groups that accounted for the largest increases during the period were “Alcoholic Beverages, Tobacco and Narcotics (3.0%), “Education” (1.8%), “Miscellaneous Goods and Services” (1.6%), “Hotels and Restaurants” (1.5%), and “Food and Non-Alcoholic Beverages” (1.4%)(See table 3).

The consumer price index increased by 0.4 percent for January 2020.
The point-to- point inflation rate stood at 0.3 percent due to relative price changes during the month of January 2020 compared with the same period in the previous year.
2 Table 1 Average Retail Price of Selected Items Items Unit of Quantity Average Price EC$ January 2020 December 2019 Change in Price Percentage Change in Price INCREASED Chicken wings Chicken leg quarters Pork chops - boneless Pork ribs Cucumber Mince meat Sweet peppers Onions Chicken soup Black-eyed peas - loose English potatoes Margarine Lumber - dress treated yellow pine 1x12x12 Electricity consumption charge Health Insurance - group family Health Insurance - individual DECREASED White wine Dry gin Truck tyres -750/16 Passenger airfare from St.Vincent and the Grenadines to: Trinidad and Tobago New York Toronto School meal - rice & chicken University accommodation Lb Lb Lb Lb Lb Lb Lb Lb 305g Tin Lb Lb 445g Tub 1 length 140KWH > 3 persons Single person 750ml Bottle 750ml Bottle Each One way One month One month Regular Single room -1.34 -1.32 -30.25 -56.70 -464.00 -319.00 -1.00 -644.81 1.3 2.5 14.4 4.9 14.3 4.8 6.9 5.5 6.9 2.0 4.2 2.6 1.1 6.1 73.1 94.3 -3.8 -2.0 -5.3 -13.0 -17.7 -11.6 -16.7 -21.5 4 Table 2.1 Average Retail Price of Selected Items January 2020 Compared With January 2019 Items Unit of Quantity Average EC$ January 2020 January 2019 Change in Price Percentage Change in Price FOOD AND NON-ALCOHOLIC BEVERAGES Beef - Fresh Chicken - Whole Chicken - Leg Quarters Chicken - Backs Chicken - Wings Turkey Wings Fish - Fresh (Deep Sea) Fish - Fresh (Jacks) Fish - Fresh (Robin) Chicken Franks Luncheon Meat (pork) Codfish Cornflakes Pasta - Elbows Milk - Evaporated Milk - Condensed Bread- Small Loaf, white Bread - Large Sliced Pan Loaf (white) Eggs Orange Juice Sugar - Brown ( loose) Sugar - White ( loose) Flour - Loose Flour - Packaged ( white)
 Flour - Packaged ( wholewheat) Rice - Loose Rice - Packaged Bananas (ripe) Breadfruit Eddoes Dasheens Sweet Potatoes Oranges Tomatoes Cooking Margarine Vegetable Oil Powdered Chocolate Hairoun Fruit Cocktail ( not cold) Vitamalt Lb.
Lb.

Lb.

Lb.

Lb.

Lb.

Lb.

Lb.

Lb.

340 g Pk 340 g Lb.

12 oz 340 g 410g Tin 397g Tin 5 Pk Each Doz 19 oz Tin Lb.

Lb.

Lb.

2 kg 2 kg Lb.

2Kg Lb.

Lb.

Lb.

Lb.

Lb.

Each Lb.
445g Tub Litre 300g Pk 280 ml Bottle 310 ml Bottle -0.20 0.34 0.12 -0.02 -0.12 0.00 0.00 0.00 -2.03 0.16 -0.02 -0.01 0.00 0.02 0.00 -0.01 0.28 0.01 -0.03 -0.11 -0.01 0.35 -0.03 1.08 0.00 0.01 0.07 0.00 0.05 0.00 3.63 4.06 5.56 5.05 9.97 0.00 0.00 25.00 1.58 -2.34 2.25 0.87 -0.53 -3.64 0.00 0.00 0.00 -19.39 1.79 -1.22 -0.56 0.00 0.22 0.00 -0.53 2.65 0.70 -1.26 -3.89 -0.53 16.83 - Table 2.2 Average Retail Price of Selected Items January 2020 Compared With January 2019 Items ALCOHOLIC BEVERAGES, TOBACCO & NARCOTICS Unit of Quantity Average EC$ January 2020 January 2019 Change in Price Percentage Change in Price Rum - Local (White) Beer - Local Cigarettes Table wine (local) CLOTHING & FOOTWEAR Textile material - Terelyne Textile material - Linen Men's Shirts - Long Sleeve Men's Jeans ( long) - size 30 Men's Shoes -Formal Women's Shoes - Formal Women's 2Pc Skirtsuit ( polyester) large Women's Blouse ( cotton/Spandex) HOUSING, WATER, ELECTRICITY GAS AND OTHER FUELS Rent : Unfurnished House - 2 Bedrooms Unfurnished House - 3 Bedrooms Furnished Apartment - 2 Bedrooms Cement - Portland ( grey) Galvanise Sheets 10 ft. Oil Paint Lumber - Dressed Treated Yellow Pine (1x12x12) Water - Consumption Charge Kerosene Charcoal Cooking Gas Electricity Consumption Charge FURNISHING, HOUSEHOLD EQUIPMENT AND HOUSEHOLD MAINTENANCE Bed - Cherry 54"x75" Double size sheets - coloured/cotton Frying Pan - 12" - non-stick Laundry Soap Electrical Bulb - 60W 750 ml Bot.
280 ml Bot.

Pkt.

(10) 26 oz Bot.

Yd.

Yd.

Each Pair Pair Pair Each Each Month Month Month 94 Lbs Length Gallon Length 5000 Gallons 1 Gallon Sack 20 Lb.

Cyl.
140 KWH -0.23 0.00 0.00 2.79 0.00 0.00 0.00 -4.97 -7.72 Each Each Each Each Each -1.10 0.00 0.00 4.03 0.00 0.00 0.00 -12.28 -6.18 1.62 0.05 0.25 0.81 1.75 6 Table 2.3 Average Retail Price of Selected Items January 2020 Compared With January 2019 Items HEALTH Doctor's Fee - Gynaecologist Eye Care Hospitalisation (Private Ward) Drugs for Hypertension Drug for Diabetes Cough, Cold Preparation Dental Care Chest X- ray TRANSPORT Petrol - Unleaded Vehicle License (car) - not exd.
2000 lbs Bus Fare - Mesopotamia Boat Fare - Bequia COMMUNICATION Telephone Service - rental of line- domestic Telephone - Consumption Charge Internet Charge Fixed Line Domestic Rate - peak Mobile to Mobile - domestic RECREATION AND CULTURE Television 26 " Flat panel Cable TV Basic Charge Laptop Computer -13.3 " screen 2 GB Desktop Computer - 14" Monitor 3 GB Remote Control Car Dog Food (Canned) Dance Admission to Night Club Carnival costume and Band Fees (Adult) Unit of Quantity Average EC$ January 2020 January 2019 Change in Price Percentage Change in Price Visit Test Day Month supply Month supply 125 ml.
Visit Test Gallon Year One Way One Way Month 226 Units Month Minute Minute Each Month Each Each Each 374 g Tin Per Person Each -1.04 -0.02 8.84 0.00 0.14 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.25 0.00 25.82 13.96 8.39 0.01 0.00 0.00 0.00 0.00 0.00 0.00 -9.02 -0.11 7.05 0.00 1.09 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.16 0.00 0.67 0.67 3.36 0.26 0.00 0.00 7 Table 2.4 Average Retail Price of Selected Items January 2020 Compared With January 2019 Items EDUCATION Pre-Primary - Private Primary School Fee - Private Secondary School Fee - Private Newspaper - Local Exercise Book - Primary - 24 leaves Lead Pencils Mathematics Textbook - Form 4 Tuition for local evening classes HOTELS AND RESTAURANTS Chicken Lunch - regular Fish Lunch - regular Fast Food - 2 Pc Chicken and Fries MISCELLANEOUS GOODS AND SERVICES Toilet Soap Toothpaste Men's Haircut Women's Hairdressing ( Relaxer ) Disposable Diapers (medium) Health Insurance - Group (family) Legal Expenses (Affidavit) Unit of Quantity Month Term Term Each Each Each Each Per Subject Each Each Each 125g 130g Tube Visit Visit 10 per Pk.
≥3 Persons Fee Average EC$ January 2020 January 2019 Change in Price Percentage Change in Price 217.50 850.00 100.00 1.50 0.78 1.00 76.43 100.00 14.39 15.51 17.05 3.51 9.25 10.00 69.82 13.18 307.00 250.00 0.00 0.00 0.00 0.00 0.00 -0.25 -1.31 0.00 0.10 -0.02 0.00 -0.02 0.35 0.00 0.00 0.47 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -25.00 -1.71 0.00 0.69 -0.13 0.00 -0.64 3.78 0.00 0.00 3.57 0.00 0.00 217.50 850.00 100.00 1.50 0.78 0.75 75.12 100.00 14.49 15.49 17.05 3.49 9.60 10.00 69.82 13.65 307.00 250.00 8 Table 3 The Consumer Price Index by Main Groups January 2010 = 100 Groups Weight December 2019 January 2020 January 2019 Percentage Change Over Previous: Month December Year January 1.4 3.0 0.0 -0.1 0.0 -1.4 -2.1 0.0 0.0 1.8 1.5 1.6 0.3 01.
Food and Non-Alcoholic Beverages 21.91 117.2 117.7 116.1 02.

Alcoholic Beverages, Tobacco & Narcotics 03.

Clothing and Footwear 3.87 3.22 126.3 105.0 126.2 122.5 105.0 105.0 04.

Housing, Water, Electricity, Gas and other Fuels 30.06 101.7 102.9 103.0 05.

Furnishings, Household Equipment and Household Maintenance 06.

Health 07.

Transport 08.

Communication 09.

Recreation and Culture 10.

Education 11.

Hotels and Restaurants 12.


Miscellaneous Goods and Services 6.59 1.79 113.6 109.4 113.6 113.6 109.4 110.9 11.84 124.7 123.7 126.3 -0.8 9.41 3.81 1.32 1.87 4.31 113.3 113.3 113.3 107.4 107.4 107.4 112.3 112.3 110.3 110.6 110.2 108.6 105.2 105.6 103.9 0.4 -0.1 0.0 1.2 0.0 0.0 0.0 0.0 0.0 -0.4 0.4 0.4 ALL ITEMS 100.00 111.3 111.7 111.4 9 t n e c r e P % 1.2 1.0 0.8 0.6 0.4 0.2 0.0 -0.2 -0.4 -0.6 -0.8 -1.0 Chart 1.
COICOP Groups Percentage Change for January 2020 1.2 0.4 0.0 -0. - n o N d n a d o o F s c i t o c r a N & o c c a b o T , , y t i c i r t c e l E , , r e t a W g n i s u o H 0. -0.4 s t n a r u a t s e R d n a s l e t o H 0.0 0.0 0.0 0.0 0.0 h t l a e H -0. , COICOP Groups 10 Table 4 The Consumer Price Index by Main Groups January 2010 = 100 Contribution to Change Groups Weight December 2019 January 2020 Percentage December Change 2019 January 2020 Cost Weight to Change Cost Weight Change in % Contribution 1.
Food and Non-Alcoholic Beverages 2.

Alcoholic Beverages, Tobacco & Narcotics 3.

Clothing and Footwear 4.

Housing, Water, Electricity, Gas and other Fuels 5.

Furnishings, Household Equipment and Household Maintenance 6.

Health 7.

8.

Transport Communication 9.

Recreation and Culture 10.

Education 11.

Hotels and Restaurants 12.
Miscellaneous Goods and Services ALL ITEMS 100.00 111.3 111.7 0.4 -0.1 0.0 1.2 0.0 0.0 -0.8 0.0 0.0 0.0 -0.4 0.4 0.4 2,567.85 2,578.81 488.78 488.39 338.10 338.10 3,057.10 3,093.17 748.62 748.62 195.83 195.83 11.0 -0.4 0.0 36.1 0.0 0.0 27.4 -1.0 0.0 90.2 0.0 0.0 1,476.45 1,464.61 -11.8 -29.6 1,066.15 1,066.15 409.19 409.19 148.24 148.24 206.82 206.07 453.41 455.14 0.0 0.0 0.0 -0.7 1.7 0.0 0.0 0.0 -1.9 4.3 11,130.00 11,170.00 40.0 100.0 11 TABLE 5 Monthly Index - 2020 January 2010 = 100 Groups All Items Food & Non- Alcoholic Beverages Tobacco Alcoholic & Narcotics Beverages Clothing & Housing Water Footwear Electricity Gas and Fuels Furnishings Household Equipment & Household Maintenance Health Transport Communi- Recreation Education cation & Culture Hotels & Restaurants Miscell- aneous Goods and Services WEIGHT 100.00 21.91 3.87 3.22 30.06 6.59 1.79 11.84 9.41 3.81 1.32 1.87 4.31 MONTH January 111.7 117.7 126.2 105.0 102.9 113.6 109.4 123.7 113.3 107.4 112.3 110.2 105.6 12