Local residents paid 1.0 percent more for the same basket of goods and services than they did in April 2018, according to the latest figures released in the April 2019 Consumer Price Index publication released on Thursday (July 11) by Minister for the Cabinet Office Wayne Furbert from the Department of Statistics.
“Between March and April 2019 the average cost of all goods and services rose by 0.4 percent,” said Mr Furbert.
Of the nine sectors in the all items index the largest year-over-year contributors to the April 2019 inflation rate are highlighted below:
- The Rent sector rose 1.8 percent
- The Food sector rose 2.4 percent
- The Health & Personal Care sector advanced by 2.3 percent
The April 2019 Consumer Price Index is available online at www.gov.bm/bermuda-business-statistics.