Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698832769162.pdf (Saint Vincent and the Grenadines)
THE STATISTICAL OFFICE CENTRAL PLANNING DIVISION MINISTRY OF FINANCE & PLANNING ST VINCENT AND THE GRENADINES Tel: 784 457 2921, 456 1111 Ext 592/377, Fax: 784 456 2430, Email: svg.stats@mail.gov.vc Website: http://www.stats.gov.vc Vol.

4 No.

12 December 2014 TABLE OF CONTENTS Analysis – December 2014 prices End of Year Review 2014 Table No.

Page No.
Page No.

1 3 Average Retail Price of Selected Items 6 Average Retail Price of Selected Items December 2013 compared With December 2014 7 The Consumer Price Index by main groups 11 The Consumer Price Index contribution to change by Groups 13 Monthly Items by Group Monthly All Item Index Monthly Rate of Inflation Accumulated Inflation Point-to-Point Inflation Rate Average Annual Retail Price 19 i Chart No.
1 COICOP Percentage Change for the Month of December 2014 12 2 Monthly All Items Index Monthly Rate of Inflation Accumulated Inflation 3 4 5 15 16 17 Point-to-Point Inflation Rate 18 * * * ii DECEMBER 2014 The Consumer Price Index registered a decrease of 0.8 percent for the month of December 2014.

The “All Items” index was recorded as 107.3 in comparison to 108.2 for the month of November.

The point-to-point” inflation rate was recorded as 0.1 percent.
Three (3) groups recorded increases during the month: “Furnishings, Household Equipment and Household Maintenance” (0.4 percent), “Recreation & Culture” (0.4 percent) and “Clothing and Footwear” (0.1 percent).
Six (6) groups recorded decreases during the month: “Housing, Water, Electricity, Gas and Other Fuels” (2.4 percent), “Food and Non-Alcoholic Beverages” (0.4 percent), “Transport” (0.4 percent), “Health” (0.2 percent) , “Miscellaneous Goods & Services” (0.1 percent) and “Alcoholic Beverages, Tobacco and Narcotics” (0.1 percent).

Three (3) groups remained unchanged: “Communication”, “Education”, and “Restaurants and Hotels”.
The group index “Furnishings, Household Equipment and Household Maintenance” registered an increase of 0.4 percent due to an 8.7 percent increase in the cost of a refrigerator and an 8.0 percent increase in cost of a king size bed.

Similarly, the “Recreation & Culture” group index climbed by 0.4 percent due to a higher price (9.5 percent) for a desktop computer.
The 0.1 percent increase in the index for “Clothing & Footwear” was attributed to a 6.0 percent price increase in a girl’s dress and women’s undergarments.

The “Housing, Water, Electricity, Gas and other Fuels” group index fell by 2.4 percent due to an 11.9 percent reduction in the cost of electricity.

A lower fuel surcharge rate of 40.6 cents per kilowatt hour for the month of December compared to 52.6 cents per kilowatt hour for the month of 1 November accounted for this reduction.
An 11.0 percent decrease in the cost of kerosene oil also contributed to the decline in this group.

The 0.4 percent decrease in the index for the group “Food & Non Alcoholic Beverages” was attributed to a rise in the price for a number of food items namely; currants (19.4 percent), eddoes (18.6 percent), oranges (18.6 percent), dasheens (13.6 percent) and sweet potatoes (12.5 percent).
The group index “Transport” showed a decrease of 0.4 percent due to lower prices for passenger airfares from St.Vincent and the Grenadines to destinations such as; Toronto (35.5 percent) and London (20.5 percent) as well as a decrease in the price of petrol (7.2 percent).

The “Health” group index registered a decline of 0.2 percent due to an 8.7 percent reduction in the price of pain relievers.
“Miscellaneous Goods & Services” group index fell by 0.1 percent due to lower costs for an antibacterial soap (6.4 percent) and hair conditioner (5.0 percent).

The index for the group “Alcoholic Beverages, Tobacco and Narcotics” fell by 0.1 percent due to a 3.4 percent decline in the costs of vodka and brandy (1.5 percent).
2 REVIEW OF 2014 An analysis of the Consumer Price Index for the year 2014 indicates that the annual average “point-to-point” inflation rate was 0.2 percent compared to 0.8 percent for the year 2013.

The accumulated inflation rate for the year 2014 was recorded at 0.1 percent in contrast to 0.0 percent for the year 2013.

The “All Items” index moved from 107.7 in January 2014 to 107.3 in December 2014.
Further analysis of the index shows that the monthly “All Items” indices were higher for most of the months of 2014 compared to 2013.

(See chart 2).

The monthly inflation rates fluctuated throughout 2014 with the lowest recorded as negative 0.8 percent for the month of December and the highest as 0.6 percent for the months of April, July and November (See chart 3).
In addition, the “point-to-point” inflation rates remained moderately constant throughout the first half of the year before rising for the month of July and trending downwards thereafter, rising again during the month of November.

The highest inflation rate for the period under review was recorded at 1.0 percent for the month of November and the lowest at negative 0.5 percent for the month of May 2014.

During the year, seven (7) groups recorded increases and five (5) groups recorded decreases.
The groups that recorded increases were “Communication” (3.9 percent), “Transport” (2.2 percent), “Alcoholic Beverages, Tobacco & Narcotics” (1.4 percent), “Furnishings, Household Equipment and Household Maintenance” (0.5 percent), “Food and Non-Alcoholic Beverages” (0.3 percent), “Miscellaneous Goods & Services” (0.2 percent) and “Restaurants & Hotels” (0.2 percent).
The groups that recorded decreases were “Clothing & Footwear” (2.7 percent), “Housing, Water, Electricity, Gas & other Fuels” (1.6 percent), “Health” (1.0 percent), “Recreation & Culture” (0.8 percent) and “Education” (0.3 percent).

The 3.9 percent increase in the index for “Communication” was attributed to a 6.8 percent increase in the price of domestic cellular phone calls.
The upward movement of the “Transport” group index was due to higher prices for new pick-up trucks (15.6 percent), servicing of vehicles 3 (14.6 percent), new truck tyres (9.9 per cent), new motor cars (8.7 percent), passenger air transport from St.Vincent to London (8.7 percent) and diesel (2.8 percent).
The 1.4 percent increase in the index “Alcoholic Beverages, Tobacco & Narcotics” was as a result of increases in the price of a number of items such as: stout (15.9 percent), table wine –red (13.6 percent), cigarettes (12.8 percent), dry gin (9.9 percent), rum – white (5.7 percent), whiskey – red (5.5 percent) and rum – local (1.7 percent).
The “Furnishing, Household Equipment & Household Maintenance” group index climbed by 0.5 percent due to increases in the price for a double size mattress (33.4 percent), a three - piece living room set (21.1 percent) , alkaline batteries (13.5 percent), gas stove (12.6 percent) and a five - piece dining set (7.5 percent).
Meanwhile “Food & Non Alcoholic Beverages” group index showed an upward movement of 0.3 percent due to higher prices for several food items: turkey necks (59.8 percent), powdered milk –skimmed (33.5 percent), limes (23.8 percent), cauliflower (18.5 percent), fresh fish –jacks (18.2 percent), yams (15.8 percent), golden apple (13.3 percent) , bananas – ripe (13.1 percent), powdered milk –full cream (12.6 percent), turkey wings (11.7 percent), pork ribs (11.2 percent), breadfruit (10.1 percent), fresh fish – robin (10.0 percent), cream cheese (9.6 percent), tuna – canned (6.4 percent), tannias (5.1 percent), orange juice (4.5 percent) and sweet potatoes (4.4 percent).
The main contributors to the 0.2 percent increase in the index for the group “Miscellaneous Goods & Services” were higher prices for ten-carat gold chains (32.6 percent), ten carat- earrings - hoop (25.3 percent), mouthwash (5.5 percent), toothpaste (4.4 percent), family health insurance - group (2.5 percent), sanitary napkins (2.2 percent) and toilet soap (1.5 percent).
The group index “Restaurants & Hotels” registered an increase of 0.2 percent as a result of increases in the subgroup “Restaurants” which recorded increases in prices of school meals – 4 pizza (10.0 percent), bread & chicken (6.6 percent), roti (6.6 percent) and chicken & fries meal (5.1 percent).
The 2.7 percent decrease in the “Clothing & Footwear” was as a result of lower prices for a few items namely: ladies handbags (34.6 percent), men’s sneakers (10.0 percent), girl’s dresses (9.4 percent), boy’s sneakers (8.3 percent), women’s undergarments (8.3 percent), men’s jeans (7.5 percent) , women’s sneakers (5.9 percent) and baby vests (3.1 percent).
Correspondingly, the 1.6 percent downward movement in the group “Housing, Water, Electricity, Gas and other fuels”, was largely due to decreases in the price for a number of items such as: wall nails (12.3 percent), french doors (7.2 percent), tiles (5.5 percent), galvanize pipes (3.7 percent), steel rods (3.4 percent), lumber – dress treated yellow pine (2.8 percent), emulsion paint (2.0 percent) and electricity consumption (0.5 percent).
Similarly, the “Health” group index showed a 1.0 percent decline because of lower prices for cancer drugs (46.2 percent), diabetes drugs (2.1 percent) and drugs for hypertension (0.3 percent).

The “Recreation & Culture” group index decreased by 0.8 percent due to a decrease in the price for a laptop computer (23.8 percent), 26˝ television (17.9 percent), canned dog food (15.4 percent) and dolls (12.7 percent).
The 0.3 percent decrease in the “Education” group index was attributed to a 2.4 percent reduction in the cost of university tuition fees.
5 TABLE 1 AVERAGE RETAIL PRICE OF SELECTED ITEMS ITEM UNIT OF QUANTITY INCREASED Whole chicken Turkey wings Pork chops -boneless Green pigeon peas Girls dress Womens undergarment - Brassiere Dining set - Pine 5pc Bed King size Refrigerator 10 cuft Desktop computer , 20" screen - Core i5 DECREASED Eddoes Dasheens Sweet Potatoes Oranges Currants Cream cheese Vodka Brandy Lb Lb Lb Lb Each Each 1 set Each Each Each Lb Lb Lb Lb Lb 8oz tub 750ml Bot 750ml Bot AVERAGE PRICE EC$ IN CHANGE PERCENTAGE DECEMBER NOVEMBER PRICE 2014 MARCH 2014 6.25 3.76 14.37 10.93 39.95 5.00 6.08 3.60 13.62 9.72 37.71 4.72 0.17 0.16 0.75 1.21 2.24 0.28 CHANGE IN PRICE -0.62 -0.30 -0.32 -0.74 -2.60 -0.70 -1.14 -0.64 Electricity Consumption Charge 140KWH 126.78 143.88 -17.10 Kerosene Oil Cough, cold preparation Pain relievers Paracetamol Petrol - unleaded Passenger transport by air St.Vincent - Toronto St.Vincent - London Antibacterial soap Hair conditioner 1 Gal 125ml 500mg 1 Gal 12.40 15.43 5.79 13.81 13.93 15.58 6.34 14.88 -1.53 -0.15 -0.55 -1.07 one month 2691.70 4173.70 -1482.00 one month 3766.60 4740.30 -973.70 115g 15oz Bot 3.24 7.07 3.46 7.44 -0.22 -0.37 6 -18.56 -13.57 -12.50 -18.55 -19.39 -7.27 -3.42 -1.50 -11.88 -10.98 -0.96 -8.68 -7.19 -35.51 -20.54 -6.36 -4.97 TABLE 2 AVERAGE RETAIL PRICE OF SELECTED ITEMS DECEMBER 2014 COMPARED WITH DECEMBER 2013 TABLE 2 ITEMS UNIT OF AVERAGE EC$ QUANTITY DECEMBER DECEMBER 2014 2013 CHANGE PERCENTAGE IN PRICE 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 (Robins) 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 - Package Bananas 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.

2 kg Lb.

Lb.

Lb.

Lb.

Lb.

Each Lb.
445g Tub 1 Litre 300g Pk 280 ml Bottle 310 ml Bottle -0.18 -0.08 0.11 0.37 0.00 1.10 0.10 -0.07 -0.33 0.28 0.41 0.15 0.13 0.23 0.00 0.00 0.00 0.28 -0.12 -0.20 -0.02 0.00 -0.14 0.00 0.00 0.10 0.00 0.97 0.24 0.40 -0.04 -1.76 -0.14 0.00 0.05 0.02 -0.13 0.00 0.48 -6.00 -4.62 2.25 10.91 0.00 28.21 2.56 -1.31 -4.17 1.98 3.32 3.67 4.01 6.95 0.00 0.00 0.00 3.76 -7.79 -10.31 -1.41 0.00 -1.89 0.00 0.00 8.40 0.00 55.43 14.37 21.74 -5.19 -29.93 -1.73 0.00 0.48 0.89 -2.28 TABLE 2 Cont'd AVERAGE RETAIL PRICE OF SELECTED ITEMS DECEMBER 2014 COMPARED WITH DECEMBER 2013 ITEMS UNIT OF AVERAGE PRICE EC$ QUANTITY DECEMBER DECEMBER 2014 2013 CHANGE PERCENTAGE IN PRICE CHANGE IN PRICE ALCOHOLIC BEVERAGES, TOBACCO & NARCOTICS Rum - Local (White) Beer - Local Cigarettes Table wine ( local ) 750 ml Bot.
280ml Bottle Pkt.

(10) 26 oz Bottle 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) Yd.

Yd.
Yd.

Each Each Pair Pair Each Each HOUSING, WATER, ELECTRICITY GAS AND OTHER FUELS Rent : Unfurnished House -2 Bedroom Unfurnished House -3 Bedroom Furnished Apartment- 2 Bedroom 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 1Month 1Month 1Month 94 Lbs 1 Length 1 Gal.

1 Length 5000 Gals.

1 Gal.

1 Sack 20 Lb.

Cyl.
140 KWH -0.03 0.00 0.38 0.00 0.00 0.00 5.88 0.00 0.00 -0.71 0.31 0.00 0.00 0.00 0.15 0.00 -10.00 0.09 0.00 -1.53 0.00 0.00 -10.85 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 Each Each Each Each Each 1,162.50 88.80 52.76 1.14 5.87 1,162.50 88.80 52.76 1.10 5.46 0.00 0.00 0.00 0.04 0.41 1.72 -0.67 0.00 2.10 0.00 0.00 0.00 17.26 0.00 0.00 -0.70 1.26 0.00 0.00 0.00 0.61 0.00 -9.09 0.13 0.00 -10.98 0.00 0.00 -7.88 0.00 0.00 0.00 3.64 7.51 8 TABLE 2 Cont'd AVERAGE RETAIL PRICE OF SELECTED ITEMS DECEMBER 2014 COMPARED WITH DECEMBER 2013 ITEMS UNIT OF AVERAGE PRICE EC$ QUANTITY DECEMBER DECEMBER 2014 2013 CHANGE PERCENTAGE IN PRICE CHANGE IN PRICE HEALTH Doctor's Fee - Gynaecologist Eye Care Hospitalisation (Private Ward) Drug for Hypertension Drug for Diabetes Cough, Cold Preparation Dental Care Chest X- ray 1 Visit 1 Test 1 Day 1 Mth supply 1 Mth supply 125 ml.
1 Visit 1 Test TRANSPORT Petrol - Unleaded Vehicle License (car) - not exd.

2000 lbs Bus Fare - Mesopotamia Boat Fare - Bequia 1 Gal.
1 Year One Way One Way COMMUNICATION Telephone Service - rental of line- domestic Telephone - Consumption Charge Internet Charge Fixed Line Domestic Rate - peak Mobile to Mobile - domestic 1 Month 226 Units 1 Month 1 Minute 1 Minute RECREATION AND CULTURE Television 26 " Flat panel Cable TV Basic Charge Laptop Computer -13.3 " screen 2 GB Desktop Computer - 14" Monitor 3 GB Car Remote Control Dog Food (Canned) Dance Admission to Night Club Carnival costume and Band Fees (Adult) Each 1 Month Each Each Each 374 g Tin Per Person Each -0.40 -0.09 2.50 10.00 -0.27 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 1,999.00 74.75 3,832.24 2,071.45 250.00 3.29 20.00 250.00 1,999.03 74.75 4,621.70 1,891.32 250.00 3.20 20.00 250.00 -0.03 0.00 -789.46 180.13 0.00 0.09 0.00 0.00 0.00 0.00 0.00 0.00 -2.84 -0.58 2.19 9.09 -1.92 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6.85 0.00 0.00 -17.08 9.52 0.00 2.81 0.00 0.00 9 TABLE 2 Cont'd AVERAGE RETAIL PRICE OF SELECTED ITEMS DECEMBER 2014 COMPARED WITH DECEMBER 2013 ITEMS UNIT OF AVERAGE PRICE EC$ QUANTITY DECEMBER DECEMBER 2014 2013 CHANGE PERCENTAGE IN PRICE CHANGE IN PRICE EDUCATION Pre-Primary - Private Primary School Fee - Private Secondary School Fee - Private Newspaper - Local Exercise Book - Primary - 24 leaves Lead Pencils Mathematics Textbook - From 4 Tuition for local evening classes RESTAURANTS AND HOTELS 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) 1 Month 1 Term 1 Term Each Each Each Each 1 Subject Each Each Each 125g 130g Tube 1 Visit 1 Visit 10 per Pk.
≥3 Ppersons Fee -0.09 0.00 0.00 -0.16 28.30 0.00 0.00 0.00 0.00 12.78 0.00 0.00 7.45 0.00 0.00 0.00 0.00 2.06 -0.98 0.00 0.00 -1.26 9.22 0.00 10 TABLE 3 THE CONSUMER PRICE INDEX BY MAIN GROUPS JANUARY 2010 = 100 GROUP WEIGHT NOVEMBER DECEMBER DECEMBER PERCENTAGE CHANGE OVER PREVIOUS: 2014 2014 2013 MONTH YEAR NOVEMBER DECEMBER 01.
Food and Non-Alcoholic Beverages 21.91 113.1 112.7 112.4 -0.4 02.

Alcoholic Beverages, Tobacco & Narcotics 3.87 109.9 109.8 108.3 -0.1 0.3 1.4 03.

Clothing and Footwear 3.22 102.7 102.8 105.6 0.1 -2.7 04.

Housing, Water, Electricity, Gas and other Fuels 30.06 105.1 102.6 104.3 -2.4 -1.6 05.

Furnishings, Household Equipment and Household Maintenance 06.

Health 07.

Transport 6.59 101.0 101.4 100.9 1.79 103.1 102.9 103.9 11.84 126.2 125.7 123.0 08.

Communication 9.41 100.3 100.3 96.5 09.


Recreation and Culture 3.81 102.2 102.6 103.4 10.

Education 1.32 109.0 109.0 109.3 11.

Restaurants and Hotels 1.87 103.5 103.5 103.3 0.4 -0.2 -0.4 0.0 0.4 0.0 0.0 12.
Miscellaneous Goods and Services 4.31 101.1 101.0 100.8 -0.1 ALL ITEMS 100.00 108.2 107.3 107.2 -0.8 0.5 -1.0 2.2 3.9 -0.8 -0.3 0.2 0.2 0.1 11 Chart 1: COICOP Groups Percentage Change for December 2014 0.5 0.0 -0.5 -0.4 -0.1 0.4 0.1 0.4 0.0 0.0 0.0 -0.2 -0.4 -0.1 t n e c r e P % -1.0 -1.5 -2.0 -2.5 s e g a r e v e B c i l o h o c l A - 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 , -2.4 s l e u F r e h t o d n a s a G , y t i c i r t c e l E , r e t a W , , s g n h s i n r u F COICOP Groups 12 s e c i v r e S d n a s d o o G s u o e n a l l e c s i M TABLE 4 THE CONSUMER PRICE INDEX BY MAIN GROUPS JANUARY 2010 = 100 CONTRIBUTION TO CHANGE Cost Weight Change in Contribution GROUP WEIGHT NOVEMBER DECEMBER Percentage NOVEMBER DECEMBER Cost 2014 2014 Change 2014 2014 Weight 1.
Food and Non-Alcoholic Beverages 21.91 113.1 112.7 -0.4 2,478.02 2,469.26 -8.8 2.

Alcoholic Beverages, Tobacco & Narcotics 3.87 109.9 109.8 -0.1 425.31 424.93 -0.4 3.

Clothing and Footwear 3.22 4.

Housing, Water, Electricity, Gas and other 30.06 Fuels 102.7 105.1 102.8 102.6 0.1 -2.4 330.69 331.02 0.3 3,159.31 3,084.16 -75.2 5.

Furnishings, Household Equipment and 6.59 101.0 101.4 0.4 665.59 668.23 2.6 Household Maintenance 6.

Health 7.

Transport 8.

Communication 9.

Recreation and Culture 10.


Education 11.

Restaurants and Hotels 12.
Miscellaneous Goods and Services 1.79 11.84 9.41 3.81 1.32 1.87 4.31 103.1 126.2 100.3 102.2 109.0 103.5 101.1 102.9 125.7 100.3 102.6 109.0 103.5 101.0 -0.2 -0.4 0.0 0.4 0.0 0.0 184.55 184.19 1,494.21 1,488.29 943.82 943.82 389.38 390.91 143.88 143.88 193.55 193.55 -0.4 -5.9 0.0 1.5 0.0 0.0 -0.1 435.74 435.31 -0.4 to Change % 9.7 0.4 -0.4 83.5 -2.9 0.4 6.6 0.0 -1.7 0.0 0.0 0.5 ALL ITEMS 100.00 108.2 107.3 -0.8 10,820.00 10,730.00 -90.0 100.0 13 TABLE 5 MONTHLY INDEX - 2014 JANUARY 2010 = 100 GROUP ALL ITEMS Food and Non- Alcoholic Beverages Tobacco Alcoholic & Narcotics Beverages Clothing Housing Furnishings Household Footwear Electricity Equipment Water & Gas and Fuels and Household Maintenance Health cation Transport Communi- Recreation Education Restaurants Miscell- aneous Goods and Services and Culture and Hotels 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 107.7 113.0 109.2 105.5 105.7 101.1 103.9 123.3 February 107.2 112.7 109.1 105.5 104.4 101.1 103.4 122.8 March 107.4 112.8 109.1 105.5 104.9 101.1 103.6 122.3 April 108.0 111.5 109.6 105.5 106.6 101.0 103.1 126.4 May 107.3 111.5 108.8 105.5 105.5 101.0 103.1 123.3 June 107.4 113.3 108.8 105.6 105.1 101.0 103.0 122.6 July 108.0 112.7 109.0 106.0 106.1 101.1 102.7 125.8 August 108.4 113.9 109.2 103.7 106.0 101.2 102.9 127.8 September 107.6 113.8 109.6 103.7 104.8 101.3 103.0 123.2 October November 108.2 113.1 109.9 102.7 105.1 101.0 102.1 126.2 100.3 102.2 109.0 103.5 101.1 December 107.3 112.7 109.8 102.8 102.6 101.4 102.9 125.7 100.3 102.6 109.0 103.5 101.0 14 TABLE 6 MONTHLY ALL ITEMS INDEX JANUARY 2009 TO DECEMBER 2014 January February March April May June July August
 September October November December Chart Monthly All Items Index for 2013 and 2014 109.0 108.5 108.0 107.5 107.0 106.5 106.0 2013 2014 15 TABLE 7 MONTHLY RATE OF INFLATION JANUARY 2009 TO DECEMBER 2014 January February March April May June July August September October November December 2009 -0.9 -0.9 -0.5 -0.5 -0.6 0.1 0.1 0.4 0.1 -0.5 0.2 0.9 2010 -0.4 0.1 0.1 0.7 -0.1 -0.2 0.2 -0.2 0.2 0.3 0.1 0.1 2011 0.4 0.1 0.2 0.7 0.3 0.6 0.3 1.1 0.4 0.3 0.2 0.2 Chart 3 2012 0.0 -0.2 0.1 0.4 0.3 -0.1 0.7 -0.3 -0.7 0.3 0.6 0.0 2013 0.4 -0.2 0.4 0.5 -0.5 -0.2 -0.6 0.5 -0.2 0.2 -0.4 0.1 2014 0.5 -0.5 0.2 0.6 -0.7 0.1 0.6 0.4 -0.7 0.0 0.6 -0.8 Monthly Rate of Inflation for 2013 and 2014 CHART 3 2014 2013 1.5 1.0 0.5 0.0 -0.5 -1.0 -1.5 16 TABLE 8 ACCUMULATED INFLATION JANUARY 2009 TO DECEMBER 2014 January February March April May June July August September October November December 2009 -0.9 -1.8 -2.3 -2.8 -3.5 -3.4 -3.3 -3.0 -2.9 -3.3 -3.1 -2.2 2012 0.0 -0.2 -0.1 0.3 0.6 0.5 1.1 0.9 0.2 0.5 1.0 1.0 2013 0.4 0.2 0.6 1.0 0.6 0.4 -0.2 0.3 0.1 0.3 -0.1 0.0 2010 -0.4 -0.3 -0.2 0.5 0.4 0.2 0.4 0.2 0.4 0.7 0.8 0.9 2011 0.4 0.5 0.7 1.4 1.7 2.3 2.5 3.6 4.0 4.3 4.5 4.7 Chart 4 Accumulated Inflation for 2013 and 2014 ) % ( t n e c r e P 2.0 1.5 1.0 0.5 0.0 -0.5 2014 0.5 0.0 0.2 0.8 0.1 0.2 0.8 1.1 0.4 0.4 1.0 0.1 2014 2013 17 TABLE 9 POINT TO POINT RATE OF INFLATION JANUARY 2009 TO DECEMBER 2014 2009 2010 2011 2012 2013 2014 January February March April May June July
 August September October November December 7.0 5.3 4.2 3.9 -0.4 -1.0 -1.1 -1.8 -2.9 -3.0 -2.3 -2.2 AVERAGE 0.5 -1.8 -0.7 - -0.3 0.5 0.9 0.8 -0.1 0.0 0.8 0.1 -0.2 -0.4 -0.3 -0.5 -0.2 0.9 0.8 0.3 0.1 1.0 0.1 0.2 Point to Point Inflation Rate 2013 and 2014 CHART 5 2013 2014 ) % ( t n e c r e P 5.0 4.0 3.0 2.0 1.0 0.0 -1.0 -2.0 18 TABLE 10 AVERAGE ANNUAL RETAIL PRICE SELECTED ITEMS 2014 COMPARED WITH 2013 ITEMS UNIT OF QUANTITY AVERAGE RETAIL PRICE PERCENTAGE CHANGE EC$ 2014 2013 (OVER PREVIOUS YEAR) 2013 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 (Robins) 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 - Package Bananas 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.

2 kg Lb.

Lb.

Lb.

Lb.

Lb.

Each Lb.
445g Tub 1 Litre 300g Pk 280 ml Bottle 310 ml Bottle -5.25 -0.59 0.82 11.69 1.12 18.20 9.95 -0.56 -1.91 -1.11 2.31 0.48 1.24 3.55 0.00 0.00 -0.46 4.52 -4.55 -11.76 -1.40 -0.15 -0.14 0.00 0.00 12.93 10.08 -2.52 -3.08 4.37 7.59 -12.71 -1.99 -0.75 4.81 1.35 -1.75 TABLE 10 CONT'D AVERAGE ANNUAL RETAIL PRICE SELECTED ITEMS 2014 COMPARED WITH 2013 AVERAGE RETAIL PRICE PERCENTAGE CHANGE (OVER PREVIOUS YEAR) 2013 EC$ 2014 2013 ITEMS ALCOHOLIC BEVERAGES, TOBACCO & NARCOTICS 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) UNIT OF QUANTITY 750 ml Bot.
280ml Bottle Pkt.

(10) 26 oz Bottle Yd.

Yd.

Each Each Pair Pair Each Each HOUSING, WATER, ELECTRICITY, GAS AND OTHER FUELS Rent : Unfurnished House -2 Bedroom Unfurnished House -3 Bedroom Furnished Apartment- 2 Bedroom 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 1Month 1Month 1Month 94 Lbs 1 Length 1 Gal.

1 Length 5000 Gals.

1 Gal.

1 Sack 20 Lb.

Cyl.
140 KWH 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 Each Each Each Each Each 1162.50 88.8 52.76 1.1 5.55 1162.50 88.8 52.76 1.13 5.41 20 1.72 0.00 0.00 3.68 0.00 0.00 0.00 7.74 0.00 4.76 1.09 1.14 0.00 0.00 0.00 0.65 -0.09 -0.75 -2.76 0.00 1.10 0.00 0.00 -0.48 0.00 0.00 0.00 -2.65 2.59 TABLE 10 CONT'D AVERAGE ANNUAL RETAIL PRICE SELECTED ITEMS 2014 COMPARED WITH 2013 ITEMS HEALTH Doctor's Fee - Gynaecologist Eye Care Hospitalisation (Private Ward) Drug for Hypertension Drug for Diabetes Cough, Cold Preparation Dental Care Chest X- ray UNIT OF QUANTITY 1 Visit 1 Test 1 Day 1 Mth supply 1 Mth supply 125 ml.
1 Visit 1 Test 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 Car Remote Control Dog Food (Canned) Dance Admission to Night Club Carnival costume and Band Fees (Adult) 1 Gal.
1 Year One Way One Way 1 Month 226 Units 1 Month 1 Minute 1 Minute Each 1 Month Each Each Each 374 g Tin Per Person Each PERCENTAGE CHANGE (OVER PREVIOUS YEAR) 2013 0.00 0.00 0.00 -0.28 -2.06 0.19 1.53 3.79 -2.55 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -3.90 0.00 0.00 -23.82 0.62 0.00 -15.43 0.00 7.46 AVERAGE RETAIL PRICE EC$ TABLE 10 CONT'D AVERAGE ANNUAL RETAIL PRICE SELECTED ITEMS 2014 COMPARED WITH 2013 ITEMS UNIT OF QUANTITY EDUCATION Pre-Primary - Private Primary School Fee - Private Secondary School Fee - Private Newspaper - Local Exercise Book - Primary - 24 leaves Lead Pencils Mathematics Textbook - From 4 Tuition for local evening classes 1 Month 1 Term 1 Term Each Each Each Each 1 Subject RESTAURANTS AND HOTELS Chicken Lunch - regular Fish Lunch - regular Fast Food - 2 Pc Chicken and Fries Each Each Each MISCELLANEOUS GOODS AND SERVICES Toilet Soap Toothpaste Men's Haircut Women's Hairdressing ( Relaxer) Disposable Diapers ( medium ) Health Insurance - Group (family) Legal Expenses (Affidavit) 125g 130g tube 1 Visit 1 Visit 10 per Pk.
≥3 Persons Fee AVERAGE RETAIL PRICE PERCENTAGE CHANGE (OVER PREVIOUS YEAR) 2013 EC$ 2013 2014 205.00 650.00 100.00 1.33 0.85 0.92 71.85 100.00 14.00 15.36 16.03 3.39 9.08 10.00 64.81 12.90 278.70 250.00 0.00 0.00 0.00 6.77 0.00 0.00 6.64 0.00 -1.00 -1.69 5.12 1.47 0.99 0.00 0.00 -0.47 2.54 0.00 205.00 650.00 100.00 1.42 0.85 0.92 76.62 100.00 13.86 15.10 16.85 3.44 9.17 10.00 64.81 12.84 285.78 250.00 22