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Thursday 27 OcTOber 2022 LOCAL
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Consumer Price Index, base period June 2019 - September 2022
The Central Bureau of Statistics tor was mainly due to an increase Afl. 25.20 cents (-8.6%) and had The subsistence level in September
presents the most important find- in the category “Maintenance an effect of -0.49 ppts on the CPI. 2022
ings for the Consumer Price Index and repair of the dwelling” (4.2%), The price of diesel registered a The subsistence level is the mini-
(CPI) for the month of September which contributed to an effect decrease of Afl. 8.60 cents (-3.1%) mum level of income which is per-
2022. of 0.21 ppts. The increase in the and had an effect of -0.01 ppt on ceived necessary to achieve an
“Clothing and footwear” sector the CPI of September 2022. adequate standard of living in
Consumer Price Index for the was mainly due to an increase of a given country. The subsistence
month of September 2022 8.5% in the category “Clothing”, In September 2022, utilities, gaso- level is usually determined by esti-
The CPI for September 2022 is which contributed to an effect of line and diesel as a group showed mating the cost of all the essential
106.20, a decrease of 0.2% com- 0.16 ppts. a decrease in price of 2.5% com- resources that an average adult
pared to the index of August 2022 pared to August 2022, and had an consumes in one month or year.
(106.43) and accumulating an in- Consumption basket influence of -0.48 ppts on the CPI, This is commonly called a basic
crease of 5.6% up to and including The consumption basket of the CPI while the remaining 404 goods and needs index, and varies accord-
September of this year. consists of 408 goods and services. services, as a group, show an in- ing to the price of food, clothing,
The percentage change of the CPI Compared to August 2022, 53.7% crease of 0.3% and had an effect housing, transport and other items
over the last twelve (12) months of these products had an increase of 0.26 ppts on the CPI. in the "basket".
(September 2021 to September in price, causing an effect of 1.18
2022) is 7.0, an increase of 4.8 per- ppts, while 29.7% showed a de- Change in prices of Food & cater- Equivalent scales are used to ad-
centage points (ppts) compared crease, contributing to an effect of ing services in September 2022 just the assumed standard of liv-
to the percentage change for the -1.39 ppts and the remaining 16.7% The “Food & catering services” in- ing, of households of different
same period of last year (2.2%). had no change in price. The prices dex showed an increase of 0.5% in sizes and composition. The scale
of goods decreased by 0.2% and September 2022, after an increase assigns a weight of 1.0 for the first
The period average (last 24 caused an influence of -0.11 ppts. of 1.4% in August 2022. The index adult and 0.5 for each additional
months) percentage change of The prices of services decreased for “Food at home” showed an in- adult in the household (aged 15+)
the CPI for the periods September by 0.3% had an influence of -0.10 crease of 0.6% in September, as and a weight of 0.3 for each child
2020 to September 2021 and Sep- ppts on the CPI of September 2022. nine (9) of the eleven (11) “Food at (aged 0-14 years). The subsistence
tember 2021 to September 2022 is home” indices increased in Sep- level is based on figures of the re-
4.7%, an increase of 5.4 ppts com- Core inflation tember 2022. The “Potatoes and port “Bestaansminimum 2010”
pared to the period average per- The CPIC (core inflation) - CPI ex- other tubers” index registered the published by the CBS in December
centage change over the periods cluding the effect of energy and largest increase (4.0%) in Septem- 2010 and is monthly updated for in-
September 2019 to September food – was 2.7% in September ber 2022. Furthermore, other signifi- flation using the monthly CPI. The
2020 and September 2020 to Sep- 2022. The energy index - which cant increases were posted in the reference unit used in this report is
tember 2021 (-0.7%). consists of the products: electricity, indices for “Fruit” (2.9%), “Oils and a household consisting of two (2)
water, gasoline and diesel – was fats” (2.3%), “Non-alcoholic bev- adults and two (2) children (aged
During this month, three (3) of the 11.9%. The food index showed an erages” (1.3%) and “Bread and 0-14 years).
twelve (12) sectors registered de- increase of 8.0%. cereals” (1.1%). The only decreas-
creases in prices. The decreases Subsistence level es were registered in the indices In September 2022 the monthly
that had the greatest influence The subsistence level for a house- of “Vegetables” (-2.6%) and “Fish subsistence level for a household
on the CPI were registered for the hold consisting of two (2) adults and other seafood” (-1.2%). consisting of two (2) adults and two
“Transport” (-2.8%) and “Household and two (2) children (aged 0-14 (2) children (aged 0-14 years) (Afl.
operation” (-3.1%) sectors, which years) in September 2022 is Afl. Over the last twelve (12) months, 5,309) showed an increase of Afl.
contributed with an effect of -0.40 5,309, an increase of Afl. 470 com- the “Food & catering services” has 470 compared to September 2021
and -0.28 ppts, respectively. The pared to September 2021 (Afl. increased by 10.3%. The “Food at (Afl. 4,839) and was mainly caused
decrease in the remaining sector 4,839). The subsistence level for a home” index showed an increase by increases of Afl. 234 and Afl. 167
had an effect of -0.11 ppts on the single adult household is Afl. 2,528, of 12.1%, where all of the “Food at in the sectors
CPI of September 2022. Aforemen- an increase of Afl. 224 compared home” indices increased over the
tioned decreases were partially to September 2021 (Afl. 2,304). last year. The “Oils and fats” index “Food and non-alcoholic bever-
offset mainly by increases in the in- increased by 17.4%, the largest in- ages” and “Housing”, respectively.
dices for the “Housing” (1.0%) and Change in prices of crude oil, utili- crease among the “Food at home”
“Clothing and footwear” (7.1%) ties, gasoline and diesel in Sep- food groups. Furthermore, other In September 2022, the monthly
sectors, causing an effect of 0.25 tember 2022 significant increases were posted subsistence level for a single adult
and 0.17 ppts, respectively. The The prices of utilities (electricity and in the indices for “Meat” (16.0%), household is Afl 2,528, which rep-
increasesin the remaining sectors water), gasoline and diesel are for “Fruit” (14.4%), “Milk, cheese and resents an income deficit of Afl.
had an effect of 0.16 ppts on the the greater part determined by in- eggs” (13.6%), “Fish and other sea- 713, an increase of Afl. 224 com-
CPI of September 2022. ternational crude oil prices. In Sep- food” (13.1%) and “Potatoes and pared to the deficit observed one
tember 2022 the average price per other tubers” (12.3%). year ago (Afl. 489). This deficit is
The decrease in the “Transport” barrel of crude oil (US$ 85.37) had a the highest registered over a pe-
sector was due to a decrease decrease of US$ 8.37 (-8.9%) com- The index for “Food away from riod of six (6) years for the month
in the category “Operation of pared to August 2022 (US$ 93.74), home” increased by 0.4% in Sep- September.q
personal transport equipment” its third decline in a row. tember 2022 and has increased
(-5.2%), which contributed to an In September the average elec- by 5.9% over the last twelve (12)
effect of -0.47 ppts. tricity price per household did not months. In September 2022, “Food
change compared to August 2022 at home” and “Food away from
The decrease in the “Household and remained at Afl. 294.56, while home” as a group showed an in-
operation” sector was mainly due the average price of water per crease in price of 0.5% compared
to a decrease of 15.9% in the cat- household increased by 0.6% from to August 2022, and had an influ-
egory “Furniture, furnishings, car- Afl. 167.75 to Afl. 168.73 and had ence of 0.08 ppts on the CPI, while
pets and other floor coverings”, an effect of 0.02 ppts on the CPI of the remaining goods and services,
which contributed to an effect of September. as a group, experienced a de-
-0.17 ppts. crease in price of 0.4%, causing an
In September 2022 the price of effect of -0.30 ppts on the CPI.
The increase in the “Housing” sec- gasoline registered a decrease of facebook.com/arubatoday/