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Consumer Price Index: Inflation Rate 1.4%
Consumer Price Index: Inflation Rate 1.4%
August 2015
INFLATION DECLINES
YEAR-TO-YEAR ANALYSIS
Inflation
Rate
1.4%
The compilation of
SUMMARY STATISTICS
Monthly
processing of several
thousand price
quotations. The
Department of
Statistics wishes to
acknowledge the
cooperation of the
business community
in supplying the
required price data.
Period
2014
Aug
Sep
Oct
Nov
Dec
2015
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Index
99.0
.
99.7
100.0
99.1
98.7
98.6
98.9
99.1
100.0
99.8
100.7
100.6
100.4
Quarterly
Annual
per cent
Change
+2.1
+2.4
+2.6
+2.3
+1.5
+1.4
+1.6
+1.2
+1.8
+1.2
+2.1
+1.9
+1.4
Period
2013
Q1
Q2
Q3
Q4
Index
95.7
96.6
Annual
per cent
Change
97.0
97.2
+2.0
+1.8
+1.7
+1.6
2014
Q1
Q2
Q3
Q4
97.5
98.5
99.1
99.3
+1.8
+2.0
+2.1
+2.2
2015
Q1
Q2
98.9
100.2
+1.5
+1.7
MONTH-TO-MONTH ANALYSIS
Food
Rent
The Health & Personal Care sector rose 0.1 per cent
in August. The average cost of toiletries, cosmetics
and perfumes increased 0.3 per cent, but was offset
by a 0.1 per cent decrease in the cost of over-thecounter medicines.
Fuel & Power
100
Nov 14 index
99.1 99.6
100
99.6
0.5%
100
Dec 13 index
100
Feb 13 index
99.1 97.6
100
97.6
1.5%
99.1 96.2
100
96.2
3.0%
2
2013
WEIGHT
Tobacco
&
Liquor
Fuel
&
Power
Household
Goods,
Services &
Supplies
Transport
& Foreign
Travel
Education,
Recreation,
Entertain.
& Reading
Health &
Personal
Care
31
39
116
130
147
130
+1.8
+0.6
+1.6
+1.4
+1.7
+2.5
+2.6
+2.7
+2.5
+1.9
+8.1
+7.5
+6.6
+8.3
+6.7
All Items
Food
Rent
Clothing
&
Footwear
1000
115
267
25
+3.0
+2.3
+3.5
+3.0
+3.1
+1.3
+1.1
+0.2
-0.3
+0.8
+2.4
+5.7
+4.3
+0.1
+2.0
+1.9
+3.1
+2.5
+4.4
+2.4
-0.8
+11.3
+11.3
+9.3
-1.9
-2.4
+2.4
+2.7
+2.4
+1.8
+2.0
+1.6
+2.0
+1.0
+0.5
+0.8
2013
Aug
Sep
Oct
Nov
Dec
+0.1
+0.4
+0.1
-0.6
+0.3
+0.8
+0.2
-0.1
-0.4
-0.8
+0.1
Nil
+0.1
Nil
+0.1
Nil
Nil
+1.0
+0.2
Nil
+0.1
-0.1
Nil
+0.4
+0.1
+0.9
+0.8
-0.8
-2.7
Nil
+0.4
-0.1
+0.1
Nil
Nil
-0.5
+2.2
+0.5
-3.2
+2.6
+0.1
+1.6
-0.1
-0.1
+0.1
Nil
Nil
+0.4
Nil
+0.1
2014
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
+0.1
+0.1
+0.5
+0.4
+0.3
Nil
Nil
0.3
0.7
0.3
-0.9
-0.5
+1.5
+0.3
+1.2
-0.2
-0.2
+0.2
+0.7
+0.7
+0.1
+0.1
Nil
-0.7
+0.5
Nil
Nil
+0.1
Nil
+0.1
Nil
Nil
+0.1
Nil
Nil
Nil
+0.7
Nil
Nil
-0.3
Nil
Nil
+0.2
Nil
Nil
+0.5
Nil
Nil
+0.4
-0.1
Nil
+0.4
+0.1
+0.1
+0.1
-0.1
Nil
+0.1
+0.1
-0.1
-2.9
-2.1
+2.1
+1.1
+0.8
+0.7
+1.8
+1.3
+0.8
-2.6
Nil
-9.0
Nil
Nil
+0.1
Nil
Nil
+0.5
+0.2
Nil
Nil
+0.1
+0.1
Nil
-1.7
+1.2
+2.0
-2.4
+2.6
-1.2
-1.4
+1.4
+4.3
+1.0
-7.2
Nil
-0.1
+0.2
Nil
+0.2
+0.1
+0.1
+0.1
+0.1
+1.5
-0.1
Nil
-0.1
Nil
-0.1
Nil
+5.3
Nil
+0.1
+0.1
Nil
+0.1
+1.7
Nil
-0.1
2015
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Nil
+0.2
+0.2
+1.0
-0.2
+0.8
-0.1
-0.2
1.3
+0.2
+0.3
Nil
+0.4
+0.1
+0.1
+0.3
+0.1
Nil
+0.1
+0.2
+0.1
Nil
Nil
+0.1
+0.2
Nil
Nil
+0.5
Nil
Nil
+0.7
Nil
+0.3
+0.1
+0.1
+0.4
Nil
Nil
Nil
+0.1
-2.5
Nil
+1.3
Nil
-2.6
Nil
+4.0
Nil
+0.4
Nil
Nil
+0.1
Nil
Nil
+2.1
Nil
-1.7
+1.9
+0.7
+0.4
-1.0
+5.9
-3.6
-1.6
Nil
-0.6
-0.1
+0.1
Nil
+0.3
-0.1
-0.2
+0.1
Nil
Nil
+6.5
Nil
Nil
Nil
+0.1
Aug 15
100.4
100.9
100.2
100.7
100.1
101.3
102.1
99.4
100.0
100.1
Aug '15
Aug '14
+1.4
+2.3
+0.6
+1.8
+1.1
-10.5
+2.8
-1.6
+0.8
+8.5
WEIGHTED AVERAGE
A mathematical formula that takes into account the
relative importance of an items price change
compared to the overall change in the sector or CPI.
Inflation
Bermuda
1
United States
2
Canada
3
United Kingdom
Base Period
2011
2012
2013
2.7
3.0
2.9
5.2
2.4
1.7
1.5
3.2
1.8
1.5
0.9
3.0
2014 Aug 15
Sources:
1. US Bureau of Labour Statistics
2. Statistics Canada
3. UK Office of National Statistics
Laspeyres Equation
2.0
0.8
1.9
2.4
+1.4
+0.2
+1.0
+1.1