The 2024 Gross County Product (GCP) Report released in January 2025 is based on data collected and compiled in December 2024.
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The report also shows that inflation eased to an average of 4.08% in the third quarter of 2024 from 6.93% in the same period last year, mainly driven by lower prices of food and non-alcoholic beverages.
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The overall index increased from 140.44 in October 2024 to 140.81 in November 2024, resulting in an inflation of 0.3 per cent over that period.
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According to the Consumer Price Indices and Inflation Rate for October 2024, Food and Non-Alcoholic Beverages sector saw a 4.3% annual increase,
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The macroeconomic indicators showed mixed performance during the quarter under review
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The CPI and inflation are generated from data collected through the monthly retail price survey targeting a representative basket of household consumption goods and services.
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The CPI and inflation is generated from data collected through monthly survey of retail prices that targets a representative basket of household consumption goods and services.
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The CPI and inflation are generated from data collected through monthly surveys of retail prices that target a representative basket of household consumption goods and services.
The data collection is conducted in the second and third weeks of the month from
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