St. John’s Antigua- According to the Statistics Division in the Ministry of Finance, in April 2012 the annual rate of inflation was measured at 4.4 per cent.
Food prices increased by 4.1 per cent over the 12-month period from April 2011, due to increased prices within various food sub-categories. Price increases were recorded for ground beef, oxtail, lard, margarine and milk.
Furnishings, Supplies and Operations recorded an increase of 10.0 per cent, attributed to average price increases in sofas and televisions.
The Fuel and Light index increased by 9.0 per cent, related to an increase in the fuel variation rate from 70 cents in April 2011 to 80 cents in April 2012.
The Transportation and Communication category registered a 3.8 per cent increase over the same period, attributed to a price increase of gasoline at the pump from $13.99 to $14.99 and price increases in vehicle operations and repairs.
In addition, the division released the Consumer Price Index for Apr 2012, which reflected a monthly increase (from March 2012 to April 2012) in the Food category of 1.6 per cent, in the Meat category of 1.2 percent, and the Milk subcategory of 3.1 per cent.
The Fruits and Vegetables category recorded an increase of 5.1 per cent, due to price increases in grapes, apples, broccoli and frozen vegetables.
The Fuel and Light category recorded an increase of 2.5 per cent due to an increase in the fuel variation rate from 77 cents in March 2012 to 80 cents in April 2012.
The Personal Services index recorded a decrease of 8.2 per cent, attributed to average price decrease in manicure, laundry and facial services.
Give it to them P.M, that’s what they voted for!!….Plenty of you who don’t know the meaning of inflation, will get it soon and then you people would understand why caribbean nationals once migrated to Antigua….So you Antiguans will be running to the usa, england, canada and even to Guyana and other countries, and your number one reason for going to Guyana is because guyana is the food basket of the caribbean and you can start a business and live comfortable………..No jobs coming,business only closing down and leaving the island….it’s a pack of wolves leading this island….u people need to get sense and vote for the betterment for the Island …My P.M said that he would bring the island worst than Haiti and he will deport foreigners and so said so done….Remember the tonge in your mouth is POWERFUL and what ever you ask for it shall be given…A businessman who wants to invest in my island, hears my PM statement wouldn’t want to see antigua on the map muchless come to invest…….Now that inflation is busy, deseases, crimes, prostution, teenage pregnancy and migration will also increase then antigua may become ninivea……(a young pastor preached a message about ninivea at independence 2010)…It’s such a sad story about this city in the bible………….
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