Tag: inflation

Inflation averaged 3.3% in 2018

Inflation averaged 3.3% in 2018

| 27/05/2019 | 4 Comments

(CNS): A fall in the country’s inflation rate in December led to an average rate for 2018 of 3.3%, as the consumer price index fluctuate wildly last year from a high of almost 5% at the end of June to a drop to 1.7% at the end of the year. The problem of inflation continues […]

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Local inflation increases by more than 3%

Local inflation increases by more than 3%

| 02/08/2018 | 53 Comments

(CNS): New figures from the Economics and Statistics Office show a worrying trend for Cayman, with inflation growing by 3.2% in the first quarter of 2018. Although the country saw what officials described as “robust growth” through 2017, with the gross domestic product rising by 2.9%, the inflation level is impacting the man on the […]

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