April 2021 Consumer Price Index Report
Consumers paid 0.9% more in April 2021 than a year ago for the basket of goods and services included in the Consumer Price Index [CPI] and this level of inflation increased by 0.1 percentage point from the annual inflation rate in March 2021 of 0.8%.
A government spokesperson said: “Today the Minister of the Cabinet Office, the Hon. Wayne L. Furbert, JP, MP released the April 2021 Consumer Price Index [CPI] report.
The minister explained: “In April 2021, consumers paid 0.9% more than in April 2020 for a basket of goods and services. The transportation and overseas travel sector was the main contributor to the CPI increase [+2.7 %]. The main driver of this sector was the average cost of airline tickets, which increased by 12.9%. The health and personal care and education, leisure, entertainment and reading sectors also strongly influenced the annual inflation rate, with price changes in these sectors measuring 2.0% and 1, respectively. , 6%. Between March 2021 and April 2021, the average cost of goods and services increased by 0.3 percentage points.
“Additional areas to note between March 2021 and April 2021 are:
- A 4.9% increase in the fuel adjustment clause resulted in a 1.5% increase in the Fuel & Power segment.
- The transportation and foreign travel sector advanced 0.7% for the month. The increase is due to an increase in the average cost of air tickets [+5.3 %].
- The household goods, services and supplies sector advanced 0.3%. On average, consumers paid 11.7% more for bedroom furniture.
The full consumer price index for April 2021 follows below [PDF here]:
Learn more about
Category: All, Business