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February 2017
Consumers paid 1.9 per cent more in February 2017 The Education, Recreation, Entertainment & Reading
than they did a year ago for the basket of goods and sector was the largest contributor to the year-over-year
services included in the Consumer Price Index increase for the second consecutive month. This sector
(CPI). The level of inflation was unchanged from the increased 4.2 per cent in February, following a 4.0
1.9 per cent measured in January 2017. percent increase in January.
Between January 2017 and February 2017, the In addition, the Health & Personal Care sector and the
average cost of goods and services in the CPI Transport & Foreign Travel sector rose 3.2 per cent
decreased by 0.1 per cent. The all-items index and 1.4 per cent, respectively.
dropped to 102.1 in February. This means that the
basket of goods and services that cost $100.00 in
April 2015 now costs $102.10.
Inflation
Rate
1.9%
The compilation of SUMMARY STATISTICS
the CPI involves the Monthly Quarterly
processing of several Annual Annual
Period Index per cent Period Index per cent
thousand price Change Change
quotations. The 2016 2015
Feb 100.2 +1.3 Q1 98.9 +1.5
Department of
Mar 100.1 +1.0 Q2 100.2 +1.7
Statistics wishes to Apr 101.1 +1.1 Q3 100.6 +1.5
May 100.9 +1.1 Q4 100.5 +1.2
acknowledge the
Jun 101.5 +0.8
cooperation of the Jul 102.2 +1.6 2016
business community Aug 101.7 +1.3 Q1 100.2 +1.3
Sep 102.7 +2.0 Q2 101.2 +1.0
in supplying the Oct 102.7 +2.1 Q3 102.2 +1.6
required price data. Nov 102.2 +1.7 Q4 102.3 +1.8
Dec 102.1 +1.6
2017
Jan 102.2 +1.9
Feb 102.1 +1.9
1
BERMUDA CONSUMER PRICE INDEX
A) Month-to-Month Price Change B) Year-to-Year Price Change C) Particular Period Price Change
The price change between November The price change between December The price change between April 2014
and October, 2015 is calculated as 2015 and December, 2014 is calculated and January, 2016 is calculated as
Follows: as follows: follows:
Nov 15 index - Oct 15 index Dec 15 index - Dec 14 index Jan 16 index - Apr14 index
100 100 100
Oct 15 index Dec 14 index Apr14 index
2
BERMUDA CONSUMER PRICE INDEX
Household Education,
Clothing Tobacco Fuel Goods, Transport Recreation, Health &
& & & Services & & Foreign Entertain. Personal
All Items Food Rent Footwear Liquor Power Supplies Travel & Reading Care
2013
WEIGHT 1000 115 267 25 31 39 116 130 147 130
2012 +2.4 +3.5 +0.2 +4.3 +2.5 +9.3 +1.0 +1.6 +2.7 +6.6
2013 +1.8 +3.0 -0.3 +0.1 +4.4 -1.9 +0.5 +1.4 +2.5 +8.3
2014 +2.0 +3.1 +0.8 +2.0 +2.4 -2.4 +0.8 +1.7 +1.9 +6.7
2015 +1.5 +2.7 +0.6 +1.3 +1.2 -8.9 +2.1 -1.3 +0.9 +7.8
2016 +1.5 +1.9 +1.0 +0.4 +5.1 -3.3 +1.6 -2.2 +3.3 +4.5
2015
Feb +0.2 +0.2 Nil Nil +0.1 Nil Nil +1.9 -0.6 Nil
Mar +0.2 +0.3 +0.1 Nil +0.1 +1.3 Nil +0.7 -0.1 Nil
Apr +1.0 Nil +0.2 +0.5 +0.4 Nil +0.1 +0.4 +0.1 +6.5
May -0.2 +0.4 +0.1 Nil Nil -2.6 Nil -1.0 Nil Nil
Jun +0.8 +0.1 Nil Nil Nil Nil Nil +5.9 +0.3 Nil
Jul -0.1 +0.1 Nil +0.7 Nil +4.0 +2.1 -3.6 -0.1 Nil
Aug -0.2 +0.3 +0.1 Nil +0.1 Nil Nil -1.6 -0.2 +0.1
Sep +0.3 -0.1 Nil Nil +0.2 Nil +0.3 +0.9 +0.9 -0.1
Oct -0.1 +0.2 +0.1 Nil Nil -1.3 Nil -1.2 +0.2 +0.5
Nov -0.1 -0.5 Nil Nil Nil -1.3 Nil +0.1 Nil Nil
Dec Nil -0.2 +0.1 Nil +0.3 -2.0 Nil +0.4 +0.1 Nil
2016
Jan -0.2 +1.2 -0.1 +0.1 +0.4 -3.7 +0.1 -1.6 Nil Nil
Feb -0.1 +0.6 +0.1 Nil +1.1 Nil Nil -1.4 -0.3 +0.1
Mar -0.1 -0.1 Nil Nil Nil -0.8 +0.1 -0.7 +0.2 Nil
Apr +0.9 +0.3 Nil -0.5 +2.0 -2.6 Nil +0.8 +2.7 +3.2
May -0.1 -0.3 +0.1 Nil +1.5 -5.0 Nil -0.3 +0.5 Nil
Jun +0.5 +0.2 Nil Nil +0.8 +10.4 Nil +1.0 Nil -0.1
Jul +0.8 +0.3 +1.0 +0.1 Nil +4.3 +0.1 +2.5 -0.2 Nil
Aug -0.5 +0.1 +0.1 Nil Nil Nil Nil -4.3 Nil Nil
Sep +1.0 +0.1 Nil Nil +0.1 +6.0 +0.1 +4.5 +1.1 Nil
Oct Nil +0.1 Nil +0.3 Nil -0.9 +0.1 Nil +0.1 +0.1
Nov -0.5 -0.1 Nil +0.1 Nil -2.3 Nil -2.8 -0.2 Nil
Dec -0.1 -1.3 +0.1 Nil -0.4 -3.1 Nil +1.3 +0.1 Nil
2017
Jan +0.1 +2.0 Nil +1.2 +0.8 -2.3 Nil -1.2 Nil Nil
Feb -0.1 Nil -0.8 Nil -0.1 Nil Nil +0.8 -0.1 Nil
Feb 17 102.1 103.4 100.9 102.0 106.9 95.7 102.9 98.0 105.1 103.8
Feb '17
+1.9 +1.3 +0.5 +1.2 +4.7 +2.8 +0.4 +1.4 +4.2 +3.2
Feb '16
3
BERMUDA CONSUMER PRICE INDEX
Education, Recreation, Entertainment & Bermuda 1.8 2.0 1.5 1.5 +1.9
1 1.5 0.8 0.7 2.1
Reading United States +2.7
2 0.9 2.0 1.1 1.4
Canada +2.0
Health & Personal Care 3
United Kingdom 3.0 2.4 1.0r 1.8 +3.2