LATEST ANNUAL PRICE INFLATION RATE ESTIMATED AT 4.4%

The third Statistical Bulletin for 2017, issued today, shows that the latest rate of annual price inflation is estimated to be 4.4 per cent between the third quarter of 2017 and the third quarter of 2016. This is measured using St Helena’s Retail Price Index, and is a small decline in the annual rate from the previous quarter, which was 5.1 per cent. The annual rate of food price increases remains high, at 9.7 per cent, slightly less than alcohol and tobacco, which increased by 11 per cent.

Annual price inflation rate (per cent)

This is the fourth quarter in a row in which the annual inflation rate has been above 4 per cent, and it is the second quarter in a row in which the annual rate has fallen slightly, dropping from 7.0 per cent in the first quarter of the year.

This is the third Statistical Bulletin published in 2017; the previous two Bulletins were published in May and July respectively, covering the quarterly releases of new estimates of retail price inflation and demographic statistics. This Bulletin covers the release of new estimates of the Retail Price Index and price inflation rate estimates only; updated population estimates will be released separately. 

The full Statistical News Bulletin is available on the Statistics Page of the SHG website at: https://www.sainthelena.gov.sh/wp-content/uploads/2013/01/Statistical-Bulletin-No.-3-2017.pdf

Other statistics are also available on the Statistics page:  www.sainthelena.gov.sh/statistics

For any queries, please contact the Statistics Office on tel: 22138, or email: statistics@sainthelena.gov.sh

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SHG

17 October 2017

 

 

 

 

 

St Helena Government Communications Hub

Telephone: 22470
Email: communications@sainthelena.gov.sh