Consumer Price Index (Base Year 2014)

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Consumer Price Index (Base Year 2014)

Country:

Montserrat

Time frequency: Monthly Reference period: Mar 2024 to Jun 2024

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	Unit	Mar 2024	Apr 2024	May 2024	Jun 2024
Inflation Rate - end of period	%	0.52	1.12	-0.51	0.53
All Items	Index	103.95	105.11	104.58	105.13
Food And Non-Alcoholic Beverages	Index	105.77	106.43	104.42	104.74
Alcohol Beverages, Tobacco And Narcotics	Index	110.29	109.83	109.93	109.56
Clothing And Footware	Index	105.23	104.16	104.16	104.16
Housing, Water, Electricity, Gas, And Other Fuels	Index	94.21	95.07	94.28	96.02
Furnishing, Household Equipment And Routine Household Maintenance	Index	110.66	106.32	107.05	107.12
Health	Index	106.81	111.55	111.55	111.55
Transport	Index	119.32	123.17	123.25	122.96
Communication	Index	102.79	101.92	101.92	101.83
Recreation And Culture	Index	114.13	125.04	125.04	125.04
Education	Index	99.15	100.50	100.50	100.50
Restaurants And Hotels	Index	104.28	104.29	104.29	104.29
Miscellaneous Goods And Services	Index	108.53	110.21	110.14	108.65

Source

Central Statistical Offices of the Eastern Caribbean Currency Union (ECCU) and the Eastern Caribbean Central Bank (ECCB).

For more information on the CPI see the Consumer Price Index Manual, Concepts and Methods, 2020

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Metadata

The Consumer Price Index (CPI)

The Consumer Price Index (CPI) measures changes over time in the general level of prices of goods and services that households use or pay for. This basket of goods and services are weighted in line with their importance to households. In compiling a CPI, a base period must be used; the base period is set to 100 and it is used to compare values from one period to the next.

The inflation rate measures the percentage change in the price of a basket of goods between periods.

Inflation rate (end of period) measures the percentage change at the end of two (2) given periods.

Inflation rate (period average) measures the average percentage change between two or more periods.

End of Period

End of Period is calculated as period over period. For example, monthly data is calculated as June of the current year over May of the current year; quarterly is calculated as June of the current year over March of the current year; and annual is calculated as December of the current year over December of the previous year.