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On St Eustatius, prices were up by 2.5 percent year-on-year. This was still 2.4 percent in Q3. On Saba, the inflation rate rose from 3.2 to 3.7 percent in Q4. This was mainly attributable to rapidly rising prices of petrol as well as products for maintenance and repair of dwellings. Petrol on Saba was 27.6 percent more expensive than one year previously.

Consumer price index (CPI) for the Caribbean Netherlands
2014 Q1 1.3 2.5 1.4
2014 Q2 2.2 2.9 2
2014 Q3 1.5 3.4 2.6
2014 Q4 0.9 1.6 2.1
2015 Q1 -0.6 -1.1 1.5
2015 Q2 -0.9 -1.7 0.9
2015 Q3 -0.9 -0.5 -0.4
2015 Q4 -1.2 -0.7 -0.1
2016 Q1 0.5 0.4 0.3
2016 Q2 0.4 -0.1 0
2016 Q3 0.6 -0.9 0.2
2016 Q4 0.5 0.2 -0.3
2017 Q1 0.1 1.1 -1
2017 Q2 0.4 2.6 -1
2017 Q3 0.6 2.1 -1.3
2017 Q4 1.2 1.8 2.5
2018 Q1 3.9 2 2.9
2018 Q2 3 1.2 3.2
2018 Q3 3.5 1.1 4.4
2018 Q4 3.4 1.1 0
2019 Q1 0.7 0.7 0.6
2019 Q2 1.1 0.4 0.5
2019 Q3 1.2 0.7 0.3
2019 Q4 2.2 1 0.8
2020 Q1 1 1.2 0.4
2020 Q2 -1 -0.8 -0.8
2020 Q3 -4.8 -3.3 -1.6
2020 Q4 -5.2 -3.2 -0.8
2021 Q1 -3.2 -4.1 -1.3
2021 Q2 0.3 -1.2 1
2021 Q3 4.3 2.4 3.2
2021 Q4 5.7 2.5 3.7

Prices on Bonaire 1.8 percent up on the previous quarter

Relative to Q3 2021, prices rose by 1.8 percent on Bonaire in Q4. This was mainly due to the discontinuation of the utility allowances as of December 2021, which resulted in an increase of 9.2 percent for electricity and 5.6 percent for water. The costs of transport also rose, by 2.0 percent. Petrol went up by 6.2 percent and diesel by 6.7 percent relative to the previous quarter. Prices of clothing and footwear fell by 3.1 percent.

0.6-percent price increase on Statia relative to the previous quarter

On St Eustatius, in Q4 2021 consumer prices rose by 0.6 percent relative to Q3, when prices were up by 1.6 percent. Education had a downward effect on the index with a drop of 8.2 percent, due to price reductions of various online courses. Petrol rose 3.7 percent in price and diesel 3.8 percent relative to Q3 2021. Clothing and footwear fell by 3.5 percent.

Saba recorded 0.6-percent price increase on Q3

In Q4 2021, consumers on Saba paid on average 0.6 percent more for goods and services than in the previous quarter. In Q3, the increase was still 1.7 percent. Transport became 1.3 percent more expensive relative to Q3, due to increased prices of petrol and diesel. Housing rose by 1.2 percent due to increased prices of building materials. With a decline of 3.8 percent, education had a dampening effect on inflation as various online courses dropped in price. Prices of clothing and footwear fell by 3.5 percent.

Provisional figures

Figures over Q4 2021 are provisional and will become definitive upon publication of the figures over Q1 2022.

Papiamentu

A Papiamentu translation of this news release can be obtained from Statistics Netherlands’ office on Bonaire by sending a request via email to: [email protected]

Source of original article: Statistics Netherlands (CBS) (www.cbs.nl).
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