The Index of Retail Prices for April 2016 increased by 0.5 per cent when compared to the March index of 164.9 points.
According to data produced by the Barbados Statistical Service, increases were recorded for Housing, Water, Electricity, Gas and Other Fuels of 3.6 per cent; Transport of 1.8 per cent and Restaurants and Hotels of 1.4 per cent, while there was a minor increase of 0.1 per cent in Education.
Decreases were registered for Recreation and Culture of 0.6 per cent; Clothing and Footwear of 0.6 per cent; Furnishings, Household Equipment and Routine Household Maintenance of 0.5 per cent; Food and Non-Alcoholic Beverages of 0.4 per cent; Alcoholic Beverages, Tobacco and Narcotics of 0.4 per cent and Miscellaneous Goods and Services of 0.1 per cent.
The Health and Communication groups remained constant during the period. The Index of Retail Prices for April 2016 recorded a 0.2 per cent decrease when compared with April 2015 which recorded 166.1 index points.
Division of Economic Affairs