Page 10 - aruba-today-20220623

Thursday 23 June 2022 locAl
A10

Consumer Price Index for the base period of June 2019 - May 2022

The Central Bureau of Sta- a group, show an increase
tistics presents the most of 0.4% and had an effect
important findings for the of 0.34 ppts on the CPI.
Consumer Price Index
(CPI) for the month of May Change in prices of Food
2022.06.22 & catering services in May
2022
Consumer Price Index for The “Food & catering ser-
the month of May 2022 vices” index showed an in-
The CPI for May 2022 is crease of 1.1% in May 2022,
102.49, an increase of 0.3% after an increase of 1.2%
compared to the index of in April 2022. The index for
April 2022 (102.16) “Food at home” showed
and accumulating an in- an increase of 1.4% in May,
crease of 1.9% up to and as ten (10) of the eleven
including May of this year. (11) “Food at home” indi-
The percentage change ces increased in May 2022.
of the CPI over the last by a decrease in the index of these products had an The “Milk, cheese and
twelve (12) months (May for the “Recreation and increase in price, causing Change in prices of crude eggs” index
2021 to May 2022) is 5.2, an culture” (-1.4%) sector, an effect of 0.89 ppts, while oil, utilities, gasoline and registered the largest in-
increase of 5.4 percentage causing an effect of -0.13 29.2% showed a decrease, diesel in May 2022 crease (5.0%) in May 2022.
points (ppts) compared to ppts. The decreases in the contributing to an effect of The prices of utilities (elec- Furthermore, other signifi-
the percentage change remaining sectors had an -0.57 ppts and the remain- tricity and water), gaso- cant increases were post-
for the same period of last effect of -0.09 ppts on the ing 18.6% had no change in line and diesel are for the ed in the indices for “Meat”
year (-0.2%). CPI of May 2022. price. The prices of goods greater part determined (1.8%), “Fish and other sea-
The increase in the “Food increased by 0.8% and by international crude oil food” (1.7%), “Potatoes
The period average (last and non-alcoholic bever- caused an influence of 0.49 prices. In May 2022 the av- and other tubers” (1.5%)
24 months) percentage ages” sector was mainly ppts. The prices of services erage price per barrel of and “Vegetables” (1.0%).

change of the CPI for the due to an increase in the showed a decrease of crude oil (US$ 109.31) had The only decrease was reg-
periods May 2020 to May category “Food” (1.5%), 0.4% and had an influence an increase of US$ 7.02 istered in the index of “Oils
which contributed to an of -0.16 ppts on the CPI of (6.9%) compared to April and fats” (-0.1%).
2021 and May 2021 to May effect of 0.15. The increase May 2022. 2022 (US$ 102.29).
2022 is 3.0%, an increase of in the “Health” sector was Over the last twelve (12)
5.2 ppts compared to the mainly due to an increase Core inflation The prices of electricity and months, the “Food & cater-
period average percent- in the category “Medical The CPIC (core inflation) water did not change com- ing services” has increased
age change over the peri- products, appliances and - CPI excluding the effect pared to April 2022. Subse- by 8.5%. The “Food at
ods May 2019 to May 2020 equipment” (9.3%), which of energy and food – was quently, the average elec- home” index showed an
and May 2020 to May 2021 contributed to an effect 1.7% in May 2022. The en- tricity price per household increase of 9.7%, where all
(-2.2%). During this month, of 0.12 ppts. The increase ergy index - which consists remained at Afl. 240.09, of the “Food at home” in-
eight (8) of the twelve (12) in the “Clothing and foot- of the products: electricity, while the average price of dices increased over the
sectors registered increases wear” sector was mainly water, gasoline and die- water per household re- last year. The “Oils and fats”
in prices. The increases that due to an increase in the sel – was 8.7%. The food in- mained at Afl. 137.05. index increased by 21.0%,
had the greatest influence category “Clothing” (5.5%), dex showed an increase of the largest increase among
on the CPI were registered which contributed to an ef- 4.0%. In May 2022 the price of the “Food at home” food
for the “Food and non-al- fect of 0.11. gasoline registered a de- groups. Furthermore, other
coholic beverages” (1.4%), The decrease in the “Rec- Subsistence level crease of Afl. 2.00 cents significant increases were
“Health” (6.8%) and “Cloth- reation and culture” sec- The subsistence level for (-0.7%) and had an effect posted in the indices for
ing and footwear” (5.0%) tor was mainly due to a a household consisting of of -0.04 ppts on the CPI. The “Milk, cheese and eggs”

sectors, which contributed decrease in the category two (2) adults and two (2) price of diesel registered an
with an effect of 0.16, 0.14 “Holidays” (-4.8%), which children (aged 0-14 years) increase of Afl. 14.50 cents In May 2022, “Food at
and 0.12 ppts, respectively. contributed to an effect of in May 2022 is Afl. 5,046, an (5.3%) and had an effect of home” and “Food away
The increases in the remain- -0.14 ppts. increase of Afl. 294 com- 0.02 ppts on the CPI of May from home” as a group
ing sectors had an effect pared to May 2021 (Afl. 2022. showed an increase in
of 0.13 ppts on the CPI of Consumption basket 4,752). The subsistence level price of 1.1% compared
May 2022. The consumption basket for a single adult household In May 2022, utilities, gaso- to April 2022, and had an
of the CPI consists of 408 is Afl. 2,403, an increase of line and diesel as a group influence of 0.17 ppts on
Aforementioned increases goods and services. Com- Afl. 140 compared to May showed a decrease in the CPI, while the remain-

were partially offset mainly pared to April 2022, 52.2% 2021 (Afl. 2,263). price of 0.1% compared to ing goods and services, as
April 2022, and had an in- a group, experienced an
fluence of -0.02 ppts on the increase in price of 0.2%,
CPI, while the remaining causing an effect of 0.15
404 goods and services, as
ppts on the CPI.q