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The
Development Planning Unit
Government of the British Virgin Islands

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


Introduction

The Consumer Price Index (CPI) for the month of January 2005 stood at 133.73. There was s light change from the previous month (December 2004) which stood at 133.71. One year earlier (January 2004), the index stood at 132.51.  

Monthly Comparison

In a monthly comparison, there were slight changes in two subgroups  reflecting movement. One of these subgroups was Food, Beverage & Tobacco which increased by 0.09 percentage points due to the upward movement in cost of Cheese (cheddar), Tomato Ketchup, Whisky, Mayonnaise and Sweet Pepper. The other subgroup, Furniture & Household Supplies declined by 0.04 percentage points due to drop in the cost of Disinfectants, Detergents ( soap -powder) and Garbage Bags. All the other subgroups- Housing, Clothing & Footwear, Transportation and Miscellaneous remained unchanged.

Annual Comparison

In an annual comparison, the following significant changes were reflected. In the subgroup Furniture & Household Supplies there was an increase by 0.35 percentage points Clothing & Footwear increased by 0.36 percentage points, and the Housing subgroup increased by 0.19 percentage points. The Food, Beverage & Tobacco subgroup registered an increase of 2.62 percentage points and the Services subgroup, an increase of 2.18 percentage points. On the other hand, there were two subgroups which declined - Transportation which dropped by 0.36 percentage points and Miscellaneous which declined by 0.83 percentage points. 

Rate of Inflation

The point-to-point monthly and annual rate of inflation stood at 0.02, and 0.92 percent respectively.


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

SUBGROUPS Wt. Jan.
2005
Dec.
2005
Mon.
Comp.
Jan.
2004
Ann.
Comp.
Food, Beverage & Tobacco 268 124.09 123.98 0.09 120.93 2.62
Housing 195 132.07 132.07 0.00 131.82 0.19
Furniture & Household Supplies 118 155.58 155.65 -0.04 155.03 0.35
Clothing & Footwear 151 116.29 116.29 0.00 115.87 0.36
Transportation 117 146.21 146.21 0.00 146.74 -0.36
Services 99 149.52 149.52 0.00 146.32 2.18
Miscellaneous 52 132.58 132.58 0.00 133.69 -0.83
All Groups 1000 133.73 133.71 0.02 132.51 0.92

 


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