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The
Development Planning Unit
Government of the British Virgin Islands

What's New> Articles>Consumer Price Index July 06 Table 1


Introduction

The Consumer Price Index (CPI) for the month of ( July 2006) stood at 140.11. There was a slight increase from the previous month ( June 2006) which stood at 140.00. One  year earlier ( July 2005), the index stood at 136.37.

Monthly Comparison

In a monthly comparison, there were increases in some of the subgroups. The Food, Beverage & Tobacco subgroup increased by 0.21 percentage points due to the upward movements in the price of Chicken (Whole), Eggs and Vegetable oils. Furniture & Household Supplies  increased by  0.03 percentage points due to the increase in the cost of Disinfectants and Toilet Paper. Miscellaneous subgroup increased by 0.45 percentage points due to the upward movement price in Lotion and Toilet Soap. The subgroups which remained unchanged were  Housing,  Clothing & Footwear, Transportation and Services. There were no decreases in any subgroup.

 Annual Comparison

In an annual comparison, there were changes in the following subgroup. The Food, Beverage & Tobacco subgroup increased by 4.77  percentage points, Clothing & Footwear subgroup registered an  increase of 2.28 percentage points, Transportation subgroup increased by 1.66 percentage points, Services subgroup increased by 11.10 percentage points and  Miscellaneous subgroup increased by 7.28 percentage points. The subgroups which showed decreases were the Housing subgroup, which  decreased  by 2.02 percentage points and Furniture & Household Supplies subgroup which decreased by 0.92 percentage points.

Rate of Inflation

The point-to-point monthly and annual rates of inflation stood at 0.08 and 2.74 percentage points respectively.


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

SUBGROUPS Wt. July
2006
June
2005
Mon.
Comp.
July
2005
Ann.
Comp.
Food, Beverage & Tobacco 268 133.03 132.75 0.21 126.97 4.77
Housing 195 138.77 138.77 0.00 141.63 -2.02
Furniture & Household Supplies 118 153.66 153.61 0.03 155.09 -0.92
Clothing & Footwear 151 119.59 119.59 0.00 116.93 2.28
Transportation 117 148.60 148.60 0.00 146.18 1.66
Services 99 168.46 168.46 0.00 151.63 11.10
Miscellaneous 52 137.36 136.75 0.45 128.04 7.28
All Groups 1000 140.11 140.00 0.08 136.37 2.74

 


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