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The
Development Planning Unit
Government of the British Virgin Islands

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


Introduction

The Consumer Price Index (CPI) for the month of August 2005 stood at 136.6.THe previous month (July 2005) CPI stood at 136.4. One year earlier (August 2004) stood at 133.3.  

Monthly Comparison

In a monthly comparison, there were some slight changes within the subgroups. The first subgroup- Food, Beverage & Tobacco subgroup went up by 0.58 percentage points due to the upward movement in cost of Chicken (Legs), Whisky and Vegetable oils. Furniture & Household Supplies subgroup,  increased by 0.17 percentage points due to increases in the cost of Liquid Bleaches and Disinfectants. The Clothing & Footwear subgroup rose by 0.05 percentage points due to the increase in the cost of Pampers. Miscellaneous subgroup went up by 0.24 percentage points due to the upwards movement of Toilet Soap and Hair Preparations and the Services subgroup had a decrease of 0.09 percentage points due to the downward cost of Aspirin/Paracetamol. All the other subgroups- Housing and Transportation remained unchanged. 

Annual Comparison

In an annual comparison, changes were recorded in most of the subgroups. The Furniture & Household Supplies and Miscellaneous subgroups fell by 0.5, and 4.2 percentage points respectively. On the other hand,  the Food, Beverage &  Tobacco subgroup registered an increase of 4.3 percentage points, while the  Housing subgroup increased by 7.2 percentage points. Clothing & Footwear subgroup  recorded an upward movement of 1.3 percentage points and  Services subgroup rose by 1.3 percentage points. Transportation subgroup remained unchanged.

Rate of Inflation

The point-to-point monthly and annual rates of inflation stood at 0.17 and 2.5 percent respectively.


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

SUBGROUPS Wt. July
2005
June
2005
Mon.
Comp.
July
2004
Ann.
Comp.
Food, Beverage & Tobacco 268 127.7 127.0 0.58 122.4 4.3
Housing 195 141.6 141.6 0.00 132.1 7.2
Furniture & Household Supplies 118 155.3 155.1 0.17 156.2 -0.5
Clothing & Footwear 151 117.0 116.9 0.05 115.4 1.3
Transportation 117 146.2 146.2 0.00 146.2 0.0
Services 99 151.5 151.6 -0.09 149.5 1.3
Miscellaneous 52 128.3 128.0 0.24 134.0 -4.2
All Groups 1000 136.6 136.4 0.17 133.3 2.5

 


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