Consumer Price Index - Grenada

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Metadata and References

Consumer Price Index - Grenada

Country:

Grenada

Time frequency:

Monthly
Quarterly
Annual

Reference period: Dec 2023 to Dec 2024

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	Unit	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Inflation Rate - end of period	%	0.33	0.53	0.06	-0.17	0.43
Inflation Rate - period average	%	0.36	0.36	0.50	-0.20	0.04
All Items	Index	119.17	119.80	119.87	119.66	120.18
Food and Non-Alcoholic Beverages	Index	138.74	139.52	139.85	140.40	141.17
Alcohol Beverages, Tobacco and Narcotics	Index	140.22	141.17	141.62	142.16	142.19
Clothing and Footware	Index	106.25	105.10	104.98	105.43	106.58
Housing, Water, Electricity, Gas, and Other Fuels	Index	109.84	109.99	109.87	109.22	108.85
Furnishing, Household Equipment and Routine Household Maintenance	Index	115.38	123.99	123.68	124.02	124.46
Health	Index	155.80	157.73	159.58	158.30	158.76
Transport	Index	109.56	110.25	110.07	109.02	111.02
Communication	Index	124.55	124.55	124.60	124.60	124.60
Recreation and Culture	Index	114.83	114.83	114.83	114.88	114.88
Education	Index	156.70	156.70	156.70	158.67	158.67
Restaurants and Hotels	Index	133.21	128.77	132.68	136.54	137.59
Miscellaneous Goods and Services	Index	115.26	115.28	115.27	115.69	115.71

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

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.

2010 Base Year

Anguilla, the Commonwealth of Dominica, Grenada, Saint Christopher (St Kitts) and Nevis, and Saint Vincent and the Grenadines compile CPI on the 2010 base year.

For Anguilla, CPI data are compiled quarterly.