AnguIlla
Statistics Department
Sound Statistics for Sustainable Development
Anguilla Statistics Department
P.O.Box 60
The Valley,
AI-2640, Anguilla
(264)-497-5731 | (264)-497-3986


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  • YOU ARE HERE: 2.7.1 Consumer Price Index

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2.7.1 Consumer Price Index (Inflation)2.7.1 Consumer Price Index Statistics Browse CPI Statistics Browse CPI (Inflation)

The CPI is a measure used for the general level of retail prices in the Anguilla economy. Its change from one period to another (inflation rate) indicates the general price movement. It is a composite measure of the change in average prices paid by the consumer for a representative basket of goods and services.

The Anguilla Consumer Price Index (AXACPI) programme produces quarterly data on changes in the prices paid by consumers for many components of consumers' expenditure.


Data

Domain: 2
Theme: 2.7 Prices
Category: 2.7.1 Consumer Price Index


Information about the data

Old Consumer Price Indices (Year 2000 = 100)
The CPI Reports are based on quarterly price collections conducted on the Wednesday of the first week of the last month of the quarter. The CPI price collection covers retail prices of over 1,000 consumer items in the 2000-based CPI basket from a total of over 30 outlets.

New Consumer Price Indices (Year 2010 = 100)
The Anguilla Statistics Department (ASD) has rebased the Anguilla Consumer Price Index (AXACPI) to the year 2010, a revision of the old series based on December 2000. The new CPI series based on expenditure patterns of 2008 were derived from the 2008/09 Household Income and Expenditure survey which was one of the components of a Country Poverty Assessment exercise (CPA). Due to the time that elapsed between 2001 and now, it was deemed necessary to rebase in order to accurately determine household consumption pattern which usually change over time in response to changes in goods and/or services, consumers' taste and preference and/or outcomes of households.

The new series seeks to collect prices for some 799 consumer basket goods and services from over 130 markets and business outlets. These items were classified and grouped using the United Nations' managed international classification - Classification of Individual Consumption by Purpose (COICOP).

Please note that reports posted between the years 2001 - 2013 are based at year 2000 prices (2000=100) and 2014 reports onwards will be based at year 2010 prices (2010=100). Data based at 2010 prices will have a quarterly and annual data series that runs from 1st Quarter 2010 - onwards.


Release Calendar

Report Period Release Date
March3rd Wednesday in April
June3rd Wednesday in July
September3rd Wednesday in October
December3rd Wednesday in January

* On the condition that it is not a public holiday.


Latest Releases
Consumer Price Index: 3rd Quarter 2023


Source

Source: Anguilla Statistics Department conducts price collection
Frequency: Quarterly
Available: 2000 - 2023
Geographic Coverage: Anguilla (National) and some price overseas (Accommodation and Airfare)

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Latest - Key facts

The AXACPI, referenced March 2010 = 100.0 for the 3rd quarter 2023 (July - September), shows that consumers paid overall, 0.8% more for the basket of goods and services this period compared to the previous quarter; 2nd quarter 2023 (April - June 2023).


Quarterly change (change over the previous quarter)
  • The quarterly average change for the AXACPI 3rd quarter 2023 increased by 0.8% over the previous quarter (April - June 2023). A review of the twelve (12) broad categories that make up the AXACPI showed five (5) increases, three (3) remaining constant and four (4) declines over the quarterly period.
  • The 'Miscellaneous Goods and Services' category registered the largest percentage point increase amongst the five advancing categories with 3.7% over the previous quarter. This increase was due to the increase in the average price of the sub-category 'Insurance' which increased by 7.5%.

Annual change (change from the same quarter of previous)
  • The change for this quarter over the same quarter of the previous year (3rd quarter 2023 over 3rd quarter 2022) shows that the 'All Items' index increased at a rate of 1.2%. A review of the twelve (12) categories showed seven (7) increases, four (4) decreases and one (1) remaining the same.
  • The change from this quarter over the same quarter in 2022 showed that the 'Alcoholic Beverages and Tobacco' category recorded the largest increase in percentage terms, with 11.2%. This increase was mainly due to increases in the average price in both sub-categories; "Alcoholic beverages" (+11.5%) and 'Tobacco' (+1.3%).

Calendar Year Annual Analysis
  • The calendar year (average index for the year) analysis shows that on average, throughout 2022, consumers paid 5.6% more for goods and services in comparison to 2021, with all twelve (12) categories experiencing increases throughout the year.

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