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NEWS RELEASE
REVISED CONSUMER PRICE
INDEX
September 2007
November 7, 2007
The Consumer Price Index Bulletin for September 2007 released by the
Statistical Institute of Jamaica introduces the Revised Consumer
Price Index series. This new series was introduced in August
2007. This revised series provides information on the Consumer Price
Index organized into twelve Divisions (formerly referred to as
Main Groups) starting with a base of (100) in December 2006
i.e. December 2006 = 100.
The All Jamaica ' All Division' Consumer
Price Index for the month of September 2007 was 108.9 this
represented an increase of 1.6 per cent over the revised
index of 107.2 for the month of August. In the month of July and August
there were similar inflation rates of 1.0 per cent. For the calendar
year to date September 2007, the rate of inflation stood at 8.9 per cent.
The rate of inflation for the fiscal year to date was 6.2 per cent. A
look at the regional indices showed increases for all three regions: Greater
Kingston Metropolitan Area up by 1.9 per
cent, Other Urban Centres up by 1.7 per cent and Rural
Areas by 1.2 per cent. For the period under review, increases
were recorded for all the Divisions during
the month of September , with the exception of ' Health '
and ' Transport ' for which there were negligible
movements. The index for the division ' Food and Non-Alcoholic
Beverages' increased by 1.8 per cent, ' Alcoholic
Beverages and Tobacco' moved up by 0.7 per cent, ' Clothing
and Footwear ' up by 0.8 per cent, ' Housing,
Water, Electricity Gas and Other Fuels '
up by 4.2 per cent, ' Furnishings, Household Equipment and
Routine Household Maintenance' up by 1.0
per cent, ' Health' and 'Transport' both had negligible
movement of 0.0 percent, ' Recreation and Culture' up
by 1.3 per cent, ' Education' 5.7 percent, ' Restaurants
and Accommodation Services' up by 0.6 per cent and the ' Miscellaneous
Goods and Services' increased by 0.5 per cent.
The Revised Consumer Price Index Bulletin September 2007 and
the CD for January to June 2007 further
outlines additional Information and may be obtained from the distribution
office of the Statistical Institute of Jamaica 7 Cecelio Avenue Kingston
10.
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