Jamaica’s 2016 inflation lowest in decades
December 19, 2016 by IC Insider.com
Price movements as measured by the consumer index amounts to just 1.7 percent compared to the November 2015. Inflation for the fiscal year-to-date registered an increase of 2.8 percent.
The price movement in November this year, is mainly as a result of a 0.5 percent rise in Food and Non Alcoholic Beverages and a 0.7 per cent increase in Housing, Water, Electricity, Gas and Other Fuels’ division. Higher prices for vegetables and starchy foods and a rise in the cost of electricity were items that were most impactful.
Filed Under: Breaking News, Economy, Feature Stories Tagged With: Consumer Price Index, Inflation for November 2016, Inflation in Jamaica
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