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The
Development Planning Unit
Government of the British Virgin Islands

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


Introduction

The Consumer Price Index (CPI) for the month of ( May 2006) stood at 139.46. There was a slight alteration from the previous month ( April 2006) which stood at 138.99. One  year earlier ( May 2005), the index stood at 134.14.

Monthly Comparison

In a monthly comparison, there were increases in most of the subgroups. The Food, Beverage & Tobacco subgroup increased by 0.18 percentage points due to the upward movements in the price of Beef ( ground), Onions and Corn Flakes ( Kellogg's.  Furniture & Household Supplies  increased by  0.10 percentage points due to the increase in the cost of Insecticides and Detergents ( Soap Powder). The Clothing & Footwear subgroup increased by 0.01 percentage points due to the upward movement in the cost of Pampers. Transportation subgroup increased by 1.80 percentage points due to the upward movements in the price of Gasoline. The Miscellaneous subgroup increased by 1.13 percentage points due to the upward movement price in Tooth Paste. The Housing and Services subgroups remained unchanged. 

 Annual Comparison

In an annual comparison, the subgroups showed no decline. The Food, Beverage & Tobacco subgroup increased by 5.65  percentage points, Housing subgroup increased  by 4.59 percentage points, Furniture & Household Supplies subgroup increased by 3.80 percentage points, Clothing & Footwear subgroup registered an  increase by 2.42 percentage points, and the Transportation subgroup increased by 4.49 percentage points, Services subgroup increased by 0.73 percentage points, and Miscellaneous subgroup increased by 3.69 percentage points. 

 

Rate of Inflation

The point-to-point monthly and annual rates of inflation stood at 0.34 and 3.97 percentage points respectively.


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

SUBGROUPS Wt. April
2006
March
2005
Mon.
Comp.
April
2005
Ann.
Comp.
Food, Beverage & Tobacco 268 131.92 131.68 0.18 124.87 5.65
Housing 195 138.14 138.14 0.00 132.07 4.59
Furniture & Household Supplies 118 161.79 161.63 0.10 155.87 3.80
Clothing & Footwear 151 119.39 119.38 0.01 116.56 2.42
Transportation 117 152.76 150.07 1.80 146.21 4.49
Services 99 152.23 152.23 0.00 151.12 0.73
Miscellaneous 52 136.71 135.19 1.13 131.85 3.69
All Groups 1000 139.46 138.99 0.34 134.14 3.97

 


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