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Consumer Price Index survey of residents in rental housing under way

The Economics and Statistics Office started a survey on Tuesday, 24th Feb., which aims to collect data from residents of the Cayman Islands who live in rental properties.
Inflation rose in part from communications costs

Consumer prices up slightly in second quarter

Inflation in Cayman ticked up slightly in the second quarter on rising costs in communications and education, according to the latest data from the Economics and Statistics Office.
Businesses will be hit by higher wage demands from those earning above the minimum wage too

Analysis: As prices soar, will employers raise wages?

Soaring rents and supermarket prices have led to a real-term pay cut for many, with employers slow to adjust salaries and hard-up workers having to move jobs or even jurisdictions in search of higher pay.

US inflation in October lower than expected

US stock markets and government bonds surged Thursday on news that US consumer prices increased by just 7.7% in October.

Food and beverage more costly than a year ago

Food and non-alcoholic drink prices have increased by 6 percent compared to a year ago, according to the most recent Consumer Price Index report.
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Consumer prices increased by 1.9 percent from 2016 to 2017

Average prices in the Cayman Islands went up by 1.9 percent last year, according to the consumer price index for 2017. The latest CPI report by the Economics and Statistics Office shows that prices increased in all four quarters ranging from 1.4 percent to 2.8 percent.

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