THE Statistical Institute of Jamaica (STATIN) logo
July 17, 2023
June Consumer Price Index up one per cent – STATIN
The Statistical Institute of Jamaica (STATIN) is reporting that the All-Jamaica Consumer Price Index (CPI) increased by 1.0 per cent for the month of June, 2023.
STATIN said the upward movement was influenced by an increase of 1.3 per cent in the index for the heaviest weighted division, ‘Food and Non-Alcoholic Beverages’. It said the inflation rate for June was also influenced by the divisions, ‘Restaurant and Accommodation Services’ up by 4.2 per cent and ‘Furnishings, Household Equipment and Routine Household Maintenance’ increasing by 6.4 per cent.
For the fiscal year-to-date the inflation rate was 1.6 per cent.