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The
Development Planning Unit
Government of the British Virgin Islands

What's New> Articles>Consumer Price Index October 05 Table 1


Introduction

The Consumer Price Index (CPI) for the month of October 2005 stood at 138.1. The previous month (September 2005) CPI stood at 137.6. One year earlier (October 2004) stood at 133.4.  

Monthly Comparison

In a monthly comparison, there were some changes within the subgroups. The  subgroups which showed increases were - Furniture & Household Supplies which went up by 0.20 percentage points due to the increase in the price of Detergents (Soap Powder), Transportation increased by 3.41 percentage points due to an increase in the price of gasoline. The Subgroups which showed decreases were Food, Beverage & Tobacco which went down by 0.42 percentage points due to the fall in the price of Sodas, Chicken (legs), Potatoes (White), Sugar and V-8 Juices; Clothing and Footwear subgroup decreased by 0.11 percentage points due to the reduction in the price of Pampers; Miscellaneous decreased by 0.17 percentage points due to the decrease in the price of Lotions and Services subgroup went down by 0.17 percentage points due to the decrease in the price of Pens, while the Housing subgroup remained unchanged.

Annual Comparison

In an annual comparison, changes were recorded in the most of the subgroups. The Furniture & Household Supplies subgroup fell by 0.4 percentage points. On the other hand, the  Food, Beverage &  Tobacco subgroup registered an increase of 4.2 percentage points, the Housing subgroup increased by 7.2,  Clothing & Footwear  subgroup rose by 1.1, Transportation subgroup went up by 6.5 and Services subgroup increased by 1.1percentage points. The Miscellaneous subgroup remained unchanged.

Rate of Inflation

The monthly and annual rates of inflation stood at 0.32 and 3.5 percent respectively.


TABLE 1
CONSUMER PRICE INDEX: MONTHLY AND ANNUAL COMPARISONS
(MARCH 1995=100)

SUBGROUPS Wt. Oct.
2005
Sept.
2005
Mon.
Comp.
Oct.
2004
Ann.
Comp.
Food, Beverage & Tobacco 268 128.1 128.7 -0.42 123.0 4.2
Housing 195 141.6 141.6 0.00 132.1 7.2
Furniture & Household Supplies 118 154.5 154.2 0.20 155.0 -0.4
Clothing & Footwear 151 117.5 117.6 -0.11 116.2 1.1
Transportation 117 155.7 150.6 3.41 146.2 6.5
Services 99 151.1 151.4 -0.17 149.5 1.1
Miscellaneous 52 133.8 134.0 -0.17 133.8 0.0
All Groups 1000 138.1 137.6 0.32 133.4 3.5

 


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