STATIN Reports 6.6% Inflation Rate for Fiscal Year, 0.7% Year-to-Date

Saturday, 16 March 2024, 20:10

The Statistical Institute of Jamaica (STATIN) has released data showing a 6.6% inflation rate for the fiscal year ending March 31. The year-to-date inflation is reported at 0.7%. These figures are based on the latest All-Jamaica Consumer Price Index (CPI) Bulletin. The point-to-point inflation rate for February 2023 to February 2024 was 6.2%, highlighting the ongoing economic challenges.

https://store.livarava.com/06c634d2-e3e9-11ee-9677-5254a2021b2b.jpe — STATIN Reports 6.6% Inflation Rate for Fiscal Year, 0.7% Year-to-Date

STATIN Reports Inflation Update

The inflation rate for the fiscal year that ends March 31 currently stands at 6.6 per cent, while the calendar year–to-date inflation is 0.7 per cent.

This is according to the Statistical Institute of Jamaica (STATIN) in its latest All-Jamaica Consumer Price Index (CPI) Bulletin released on Friday.

According to STATIN, the point-to-point inflation rate (February 2023 – February 2024) was 6.2 per cent. This was influenced mainly by the...

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

STATIN Reports Inflation Update

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